PPP Loan information for Lorentz cabinetry, inc.

$50,058

Lorentz cabinetry, inc. was initially approved for PPP Loan of amount $50,058, the current approved amount is $50,058. The loan was approved on 04/07/2020 by The Vermillion State Bank reported 6 jobs and $50,058 was used to fund payroll.

Lorentz cabinetry, inc. is Existing or more than 2 years old

LORENTZ CABINETRY, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LORENTZ CABINETRY, INC.

Borrower Address

705 Commerce Dr

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-3687

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50057.50

Current Approval Amount

50057.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-3687

CD

MN-02

Jobs Reported

6

NAICS Code

337110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1992.96

Payroll Proceed

40046.00

Mortgage Interest Proceed

0.00

Rent Proceed

3930.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4088.54

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50380.09

Forgiveness Date

12/02/2020

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