PPP Loan information for Majerus garage llc

$53,377

Majerus garage llc was initially approved for PPP Loan of amount $40,607, the current approved amount is $53,377. The loan was approved on 05/04/2020 by The Lake City Federal Bank reported 10 jobs and $53,377 was used to fund payroll.

Majerus garage llc is Existing or more than 2 years old

PPP Loan Search / MN / LAKE CITY / Majerus garage llc

MAJERUS GARAGE LLC

Date Approved

05/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAJERUS GARAGE LLC

Borrower Address

1335 N 7TH ST

Borrower City

LAKE CITY

Borrower State

MN

Borrower Zip

55041-1251

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40607.00

Current Approval Amount

53377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81265

Servicing Lender Name

Lake City Federal Bank

Servicing Lender Address

201 E Marion St

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1000

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

WABASHA

Project State

MN

Project Zip

55041-1251

CD

MN-01

Jobs Reported

10

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53377.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

81265

Originating Lender

Lake City Federal Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53761.02

Forgiveness Date

01/20/2021

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