PPP Loan information for Lenes sand & gravel inc.

$50,417

Lenes sand & gravel inc. was initially approved for PPP Loan of amount $50,417, the current approved amount is $50,417. The loan was approved on 02/11/2021 by The American Federal Bank reported 7 jobs and $50,417 was used to fund payroll.

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

PPP Loan Search / MN / Fosston / Lenes sand & gravel inc.

LENES SAND & GRAVEL INC.

Date Approved

02/11/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LENES SAND & GRAVEL INC.

Borrower Address

320 Mark Ave N

Borrower City

Fosston

Borrower State

MN

Borrower Zip

56542

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50417.00

Current Approval Amount

50417.00

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

CD

MN-07

Jobs Reported

7

NAICS Code

237990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50411.00

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

50587.86

Forgiveness Date

06/15/2021

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