PPP Loan information for Lang's automotive service incorporated

$100,000

Lang's automotive service incorporated was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/08/2020 by The Lake Community Bank reported 11 jobs and $100,000 was used to fund payroll.

Lang's automotive service incorporated is Existing or more than 2 years old

PPP Loan Search / MN / Edina / Lang's automotive service incorporated

LANG'S AUTOMOTIVE SERVICE INCORPORATED

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LANG'S AUTOMOTIVE SERVICE INCORPORATED

Borrower Address

5101 Edina Industrial Boulevard

Borrower City

Edina

Borrower State

MN

Borrower Zip

55439-3009

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55439-3009

CD

MN-03

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100605.56

Forgiveness Date

11/19/2020

;