PPP Loan information for Lyon-lincoln electric cooperative, inc.

$403,800

Lyon-lincoln electric cooperative, inc. was initially approved for PPP Loan of amount $403,800, the current approved amount is $403,800. The loan was approved on 05/21/2020 by The Bremer Bank, National Association reported 27 jobs and $403,800 was used to fund payroll.

Lyon-lincoln electric cooperative, inc. is Unanswered

PPP Loan Search / MN / TYLER / Lyon-lincoln electric cooperative, inc.

LYON-LINCOLN ELECTRIC COOPERATIVE, INC.

Date Approved

05/21/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LYON-LINCOLN ELECTRIC COOPERATIVE, INC.

Borrower Address

205 West Highway 14

Borrower City

TYLER

Borrower State

MN

Borrower Zip

56178

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

403800.00

Current Approval Amount

403800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

TYLER

Project County Name

LINCOLN

Project State

MN

Project Zip

56178-0001

CD

MN-07

Jobs Reported

27

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

403800.00

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

Cooperative

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

405857.72

Forgiveness Date

11/24/2020

;