PPP Loan information for Lonnie proechel

$20,833

Lonnie proechel was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/27/2021 by The Minnwest Bank reported 1 jobs and $20,833 was used to fund payroll.

Lonnie proechel is Existing or more than 2 years old

LONNIE PROECHEL

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LONNIE PROECHEL

Borrower Address

28385 80th St

Borrower City

Waseca

Borrower State

MN

Borrower Zip

56093-5803

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waseca

Project County Name

WASECA

Project State

MN

Project Zip

56093-5803

CD

MN-01

Jobs Reported

1

NAICS Code

111191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20830.00

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

Sole Proprietorship

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20935.43

Forgiveness Date

08/06/2021

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