PPP Loan information for Lenes sand & gravel, inc.

$50,400

Lenes sand & gravel, inc. was initially approved for PPP Loan of amount $50,400, the current approved amount is $50,400. The loan was approved on 04/10/2020 by The American Federal Bank reported 5 jobs and $50,400 was used to fund payroll.

Lenes sand & gravel, inc. is Existing or more than 2 years old

LENES SAND & GRAVEL, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LENES SAND & GRAVEL, INC.

Borrower Address

320 MARK AVE N

Borrower City

FOSSTON

Borrower State

MN

Borrower Zip

56542-1032

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50400.00

Current Approval Amount

50400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81371

Servicing Lender Name

American Federal Bank

Servicing Lender Address

215 5th St N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4867

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOSSTON

Project County Name

POLK

Project State

MN

Project Zip

56542-1032

CD

MN-07

Jobs Reported

5

NAICS Code

212321

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50400.00

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

81371

Originating Lender

American Federal Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50849.40

Forgiveness Date

03/05/2021

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