PPP Loan information for Ly inc

$60,624

Ly inc was initially approved for PPP Loan of amount $60,624, the current approved amount is $60,624. The loan was approved on 01/21/2021 by The Falcon National Bank reported 13 jobs and $60,624 was used to fund payroll.

Ly inc is Existing or more than 2 years old

LY INC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LY INC

Borrower Address

16 W 66th St

Borrower City

Richfield

Borrower State

MN

Borrower Zip

55423-2316

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60624.00

Current Approval Amount

60624.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richfield

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-2316

CD

MN-05

Jobs Reported

13

NAICS Code

812113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60621.00

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

Corporation

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60996.05

Forgiveness Date

09/07/2021

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