PPP Loan information for Lange agricultural systems inc.

$385,300

Lange agricultural systems inc. was initially approved for PPP Loan of amount $385,300, the current approved amount is $385,300. The loan was approved on 02/07/2021 by The Home State Bank reported 30 jobs and $385,300 was used to fund payroll.

Lange agricultural systems inc. is Existing or more than 2 years old

PPP Loan Search / MN / Willmar / Lange agricultural systems inc.

LANGE AGRICULTURAL SYSTEMS INC.

Date Approved

02/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LANGE AGRICULTURAL SYSTEMS INC.

Borrower Address

193 County Road 9 NE

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201-9400

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

385300.00

Current Approval Amount

385300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38267

Servicing Lender Name

Home State Bank

Servicing Lender Address

1435 E Hwy 12

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-5328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willmar

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-9400

CD

MN-07

Jobs Reported

30

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

385298.00

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

38267

Originating Lender

Home State Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389120.89

Forgiveness Date

02/02/2022

;