PPP Loan information for Lava burger inc

$59,900

Lava burger inc was initially approved for PPP Loan of amount $59,900, the current approved amount is $59,900. The loan was approved on 04/03/2020 by The Manufacturers Bank & Trust Company reported 21 jobs and $59,900 was used to fund payroll.

Lava burger inc is New Business or 2 years or less

PPP Loan Search / MN / OWATONNA / Lava burger inc

LAVA BURGER INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAVA BURGER INC

Borrower Address

369 18th street se

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-3829

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59900.00

Current Approval Amount

59900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25006

Servicing Lender Name

Manufacturers Bank & Trust Company

Servicing Lender Address

245 E 'J' St

Servicing Lender City

FOREST CITY

Servicing Lender State

IA

Servicing Lender Zip

50436

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-3829

CD

MN-01

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

45000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25006

Originating Lender

Manufacturers Bank & Trust Company

Originating Lender City

FOREST CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59717.70

Forgiveness Date

07/02/2021

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