PPP Loan information for Lava burgers inc

$85,919

Lava burgers inc was initially approved for PPP Loan of amount $85,919, the current approved amount is $85,919. The loan was approved on 02/12/2021 by The Manufacturers Bank & Trust Company reported 25 jobs and $85,919 was used to fund payroll.

Lava burgers inc is Existing or more than 2 years old

PPP Loan Search / MN / Owatonna / Lava burgers inc

LAVA BURGERS INC

Date Approved

02/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAVA BURGERS INC

Borrower Address

369 18th St SE

Borrower City

Owatonna

Borrower State

MN

Borrower Zip

55060-4005

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85919.00

Current Approval Amount

85919.00

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

Existing or more than 2 years old

Project City

Owatonna

Project County Name

STEELE

Project State

MN

Project Zip

55060-4005

CD

MN-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85918.00

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

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

86518.05

Forgiveness Date

10/26/2021

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