PPP Loan information for Lax engineered solutions llc

$241,135

Lax engineered solutions llc was initially approved for PPP Loan of amount $241,135, the current approved amount is $241,135. The loan was approved on 04/05/2020 by The Decorah Bank & Trust Company reported 15 jobs and $241,135 was used to fund payroll.

Lax engineered solutions llc is Existing or more than 2 years old

LAX ENGINEERED SOLUTIONS LLC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LAX ENGINEERED SOLUTIONS LLC

Borrower Address

S40 W24080 ROCKWOOD WAY

Borrower City

WAUKESHA

Borrower State

WI

Borrower Zip

53189-7971

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241135.00

Current Approval Amount

241135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24832

Servicing Lender Name

Decorah Bank & Trust Company

Servicing Lender Address

202 E Water St

Servicing Lender City

DECORAH

Servicing Lender State

IA

Servicing Lender Zip

52101-1804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKESHA

Project County Name

WAUKESHA

Project State

WI

Project Zip

53189-7971

CD

WI-05

Jobs Reported

15

NAICS Code

531110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

241135.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24832

Originating Lender

Decorah Bank & Trust Company

Originating Lender City

DECORAH

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243044.26

Forgiveness Date

01/28/2021

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