PPP Loan information for Lorenzen equipment inc.

$18,447

Lorenzen equipment inc. was initially approved for PPP Loan of amount $18,447, the current approved amount is $18,447. The loan was approved on 03/17/2021 by The DNB National Bank reported 3 jobs and $18,447 was used to fund payroll.

Lorenzen equipment inc. is Existing or more than 2 years old

LORENZEN EQUIPMENT INC.

Date Approved

03/17/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LORENZEN EQUIPMENT INC.

Borrower Address

18159 SD Highway 101

Borrower City

Gary

Borrower State

SD

Borrower Zip

57237-5565

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18447.00

Current Approval Amount

18447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66490

Servicing Lender Name

DNB National Bank

Servicing Lender Address

305 4th St W

Servicing Lender City

CLEAR LAKE

Servicing Lender State

SD

Servicing Lender Zip

57226-4104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gary

Project County Name

DEUEL

Project State

SD

Project Zip

57237-5565

CD

SD-

Jobs Reported

3

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18447.00

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

Subchapter S Corporation

Originating Lender Location Id

66490

Originating Lender

DNB National Bank

Originating Lender City

CLEAR LAKE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18579.72

Forgiveness Date

12/07/2021

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