PPP Loan information for Richard laine

$10,900

Richard laine was initially approved for PPP Loan of amount $10,900, the current approved amount is $10,900. The loan was approved on 04/14/2021 by The Glenwood State Bank Incorporated reported 1 jobs and $10,900 was used to fund payroll.

Richard laine is Existing or more than 2 years old

RICHARD LAINE

Date Approved

04/14/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICHARD LAINE

Borrower Address

801 E 8th Ave

Borrower City

Osakis

Borrower State

MN

Borrower Zip

56360-4560

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10900.00

Current Approval Amount

10900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Osakis

Project County Name

TODD

Project State

MN

Project Zip

56360-4560

CD

MN-07

Jobs Reported

1

NAICS Code

812990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10900.00

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

Sole Proprietorship

Originating Lender Location Id

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11008.70

Forgiveness Date

04/21/2022

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