PPP Loan information for Laney's mechanical, inc.

$179,300

Laney's mechanical, inc. was initially approved for PPP Loan of amount $179,300, the current approved amount is $179,300. The loan was approved on 04/15/2020 by The Bell Bank reported 10 jobs and $179,300 was used to fund payroll.

Laney's mechanical, inc. is Existing or more than 2 years old

PPP Loan Search / MN / DETROIT LAKES / Laney's mechanical, inc.

LANEY'S MECHANICAL, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LANEY'S MECHANICAL, INC.

Borrower Address

1034 HIGHWAY 59 S

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-2234

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179300.00

Current Approval Amount

179300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-2234

CD

MN-07

Jobs Reported

10

NAICS Code

238220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170202.93

Forgiveness Date

11/05/2020

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