PPP Loan information for Layline corporation

$73,397

Layline corporation was initially approved for PPP Loan of amount $73,397, the current approved amount is $73,397. The loan was approved on 04/07/2020 by The Waukon State Bank reported 10 jobs and $73,397 was used to fund payroll.

Layline corporation is Existing or more than 2 years old

LAYLINE CORPORATION

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAYLINE CORPORATION

Borrower Address

1951 S OAK ST

Borrower City

LAKE CITY

Borrower State

MN

Borrower Zip

55041-1938

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73396.90

Current Approval Amount

73396.90

Undisbursed Amount

0.00

Franchise Name

AmericInn by Wyndham

Servicing Lender Location Id

25556

Servicing Lender Name

Waukon State Bank

Servicing Lender Address

22 W Main St

Servicing Lender City

WAUKON

Servicing Lender State

IA

Servicing Lender Zip

52172-1645

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

WABASHA

Project State

MN

Project Zip

55041-1938

CD

MN-01

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73396.90

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

25556

Originating Lender

Waukon State Bank

Originating Lender City

WAUKON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73937.18

Forgiveness Date

01/08/2021

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