PPP Loan information for R-labbs inc

$6,700

R-labbs inc was initially approved for PPP Loan of amount $6,700, the current approved amount is $6,700. The loan was approved on 04/10/2020 by The Lake Central Bank reported 1 jobs and $6,700 was used to fund payroll.

R-labbs inc is Existing or more than 2 years old

R-LABBS INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R-LABBS INC

Borrower Address

7690 ISAAK AVE

Borrower City

ANNANDALE

Borrower State

MN

Borrower Zip

55302-2434

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6700.00

Current Approval Amount

6700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNANDALE

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-2434

CD

MN-06

Jobs Reported

1

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5100.00

Mortgage Interest Proceed

0.00

Rent Proceed

1600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6748.57

Forgiveness Date

01/07/2021

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