PPP Loan information for Loeffel engstrand corporation

Date Approved

05/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOEFFEL ENGSTRAND CORPORATION

Borrower Address

480 W 78th St Ste 102

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317-4635

Loan Status Date

04/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65145.60

Current Approval Amount

65145.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

489496

Servicing Lender Name

Metropolitan Economic Development Association

Servicing Lender Address

1256 Penn Avenue North Suite 4800

Servicing Lender City

Minneapolis

Servicing Lender State

MN

Servicing Lender Zip

55411

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanhassen

Project County Name

CARVER

Project State

MN

Project Zip

55317-4635

CD

MN-06

Jobs Reported

2

NAICS Code

236220

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

65141.60

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

489496

Originating Lender

Metropolitan Economic Development Association

Originating Lender City

Minneapolis

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65582.88

Forgiveness Date

03/03/2022