PPP Loan information for Ling & bee company

$60,000

Ling & bee company was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/27/2020 by The First Bank Elk River reported 7 jobs and $60,000 was used to fund payroll.

Ling & bee company is Existing or more than 2 years old

LING & BEE COMPANY

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LING & BEE COMPANY

Borrower Address

6597 LAKETOWNE PL NE

Borrower City

ALBERTVILLE

Borrower State

MN

Borrower Zip

55301-4516

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

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

55301-4516

CD

MN-06

Jobs Reported

7

NAICS Code

812113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

45000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60415.00

Forgiveness Date

01/12/2021

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