PPP Loan information for Lo and associates inc

$52,130

Lo and associates inc was initially approved for PPP Loan of amount $52,130, the current approved amount is $52,130. The loan was approved on 01/30/2021 by The Wells Fargo Bank, National Association reported 16 jobs and $52,130 was used to fund payroll.

Lo and associates inc is Existing or more than 2 years old

PPP Loan Search / MN / Edina / Lo and associates inc

LO AND ASSOCIATES INC

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LO AND ASSOCIATES INC

Borrower Address

6428 Margarets Ln

Borrower City

Edina

Borrower State

MN

Borrower Zip

55439-1018

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52130.00

Current Approval Amount

52130.00

Undisbursed Amount

0.00

Franchise Name

Kumon

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edina

Project County Name

HENNEPIN

Project State

MN

Project Zip

55439-1018

CD

MN-03

Jobs Reported

16

NAICS Code

611710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52128.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52527.04

Forgiveness Date

11/10/2021

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