PPP Loan information for Loidolt lumber company

$58,000

Loidolt lumber company was initially approved for PPP Loan of amount $58,000, the current approved amount is $58,000. The loan was approved on 04/15/2020 by The Farmers and Merchants State Bank of Pierz reported 6 jobs and $58,000 was used to fund payroll.

Loidolt lumber company is Existing or more than 2 years old

PPP Loan Search / MN / PIERZ / Loidolt lumber company

LOIDOLT LUMBER COMPANY

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOIDOLT LUMBER COMPANY

Borrower Address

13703 HIGHWAY 25

Borrower City

PIERZ

Borrower State

MN

Borrower Zip

56364-7106

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58000.00

Current Approval Amount

58000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38741

Servicing Lender Name

Farmers and Merchants State Bank of Pierz

Servicing Lender Address

80 Main St

Servicing Lender City

PIERZ

Servicing Lender State

MN

Servicing Lender Zip

56364-4529

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERZ

Project County Name

MORRISON

Project State

MN

Project Zip

56364-7106

CD

MN-07

Jobs Reported

6

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58000.00

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

38741

Originating Lender

Farmers and Merchants State Bank of Pierz

Originating Lender City

PIERZ

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58415.67

Forgiveness Date

01/07/2021

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