PPP Loan information for Louis industries incorporated

$727,322

Louis industries incorporated was initially approved for PPP Loan of amount $727,322, the current approved amount is $727,322. The loan was approved on 01/25/2021 by The BMO Harris Bank National Association reported 73 jobs and $727,322 was used to fund payroll.

Louis industries incorporated is Existing or more than 2 years old

PPP Loan Search / MN / Paynesville / Louis industries incorporated

LOUIS INDUSTRIES INCORPORATED

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOUIS INDUSTRIES INCORPORATED

Borrower Address

222 Industrial Loop W

Borrower City

Paynesville

Borrower State

MN

Borrower Zip

56362-1508

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

727322.00

Current Approval Amount

727322.00

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

56362-1508

CD

MN-07

Jobs Reported

73

NAICS Code

331210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

727320.00

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

734090.14

Forgiveness Date

01/06/2022

;