PPP Loan information for Lola inc.

$111,588

Lola inc. was initially approved for PPP Loan of amount $111,588, the current approved amount is $111,588. The loan was approved on 01/30/2021 by The Bank Midwest reported 13 jobs and $111,588 was used to fund payroll.

Lola inc. is Existing or more than 2 years old

PPP Loan Search / MN / New Ulm / Lola inc.

LOLA INC.

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOLA INC.

Borrower Address

16 N Minnesota St

Borrower City

New Ulm

Borrower State

MN

Borrower Zip

56073-1728

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111588.00

Current Approval Amount

111588.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Ulm

Project County Name

BROWN

Project State

MN

Project Zip

56073-1728

CD

MN-01

Jobs Reported

13

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

111585.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112328.82

Forgiveness Date

09/29/2021

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