PPP Loan information for Lgm inc.

$193,900

Lgm inc. was initially approved for PPP Loan of amount $193,900, the current approved amount is $193,900. The loan was approved on 01/21/2021 by The BNC National Bank reported 18 jobs and $193,900 was used to fund payroll.

Lgm inc. is Existing or more than 2 years old

LGM INC.

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LGM INC.

Borrower Address

11166 County Road 37 NE

Borrower City

Albertville

Borrower State

MN

Borrower Zip

55301-4626

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193900.00

Current Approval Amount

193900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albertville

Project County Name

WRIGHT

Project State

MN

Project Zip

55301-4626

CD

MN-06

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

193898.00

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

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

195063.40

Forgiveness Date

09/01/2021

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