PPP Loan information for Louis industries inc

$738,047

Louis industries inc was initially approved for PPP Loan of amount $738,047, the current approved amount is $738,047. The loan was approved on 04/15/2020 by The BMO Harris Bank National Association reported 67 jobs and $738,047 was used to fund payroll.

Louis industries inc is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / Louis industries inc

LOUIS INDUSTRIES INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOUIS INDUSTRIES INC

Borrower Address

222 INDUSTRIAL LOOP WEST

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

738047.00

Current Approval Amount

738047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-0001

CD

MN-07

Jobs Reported

67

NAICS Code

332618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

738047.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

746370.53

Forgiveness Date

06/04/2021

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