PPP Loan information for Lawremar inc.

$275,000

Lawremar inc. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 01/17/2021 by The Farmers & Merchants Savings Bank reported 15 jobs and $275,000 was used to fund payroll.

Lawremar inc. is Existing or more than 2 years old

LAWREMAR INC.

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAWREMAR INC.

Borrower Address

13497 Fenway Boulevard Cir N

Borrower City

Hugo

Borrower State

MN

Borrower Zip

55038-7447

Loan Status Date

07/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hugo

Project County Name

WASHINGTON

Project State

MN

Project Zip

55038-7447

CD

MN-08

Jobs Reported

15

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274999.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

276344.44

Forgiveness Date

07/21/2021

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