PPP Loan information for Laut's inc.

$798,000

Laut's inc. was initially approved for PPP Loan of amount $712,000, the current approved amount is $798,000. The loan was approved on 04/04/2020 by The Peoples Bank reported 66 jobs and $798,000 was used to fund payroll.

Laut's inc. is Existing or more than 2 years old

LAUT'S INC.

Date Approved

04/04/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

LAUT'S INC.

Borrower Address

13084 Ball Road

Borrower City

MOUNT VERNON

Borrower State

WA

Borrower Zip

98273-8201

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

712000.00

Current Approval Amount

798000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74316

Servicing Lender Name

Peoples Bank

Servicing Lender Address

3100 Woburn St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98226-8678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

SKAGIT

Project State

WA

Project Zip

98273-8201

CD

WA-02

Jobs Reported

66

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

798000.00

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

Subchapter S Corporation

Originating Lender Location Id

74316

Originating Lender

Peoples Bank

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

806334.67

Forgiveness Date

04/28/2021

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