PPP Loan information for Ly inc

$60,600

Ly inc was initially approved for PPP Loan of amount $60,600, the current approved amount is $60,600. The loan was approved on 04/29/2020 by The Falcon National Bank reported 13 jobs and $60,600 was used to fund payroll.

Ly inc is Existing or more than 2 years old

PPP Loan Search / MN / RICHFIELD / Ly inc

LY INC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LY INC

Borrower Address

16 W 66TH ST

Borrower City

RICHFIELD

Borrower State

MN

Borrower Zip

55423

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60600.00

Current Approval Amount

60600.00

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

55423-0001

CD

MN-05

Jobs Reported

13

NAICS Code

812113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

600.00

Payroll Proceed

56000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

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

61157.18

Forgiveness Date

04/01/2021

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