PPP Loan information for Lake state recycling inc

$78,300

Lake state recycling inc was initially approved for PPP Loan of amount $78,300, the current approved amount is $78,300. The loan was approved on 04/10/2020 by The The Bank of Elk River reported 12 jobs and $78,300 was used to fund payroll.

Lake state recycling inc is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Lake state recycling inc

LAKE STATE RECYCLING INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE STATE RECYCLING INC

Borrower Address

19131 INDUSTRIAL BLVD

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-2440

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78300.00

Current Approval Amount

78300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-2440

CD

MN-06

Jobs Reported

12

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78300.00

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

Corporation

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78995.05

Forgiveness Date

03/11/2021

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