PPP Loan information for Lake superior medical equipment, inc.

$137,438

Lake superior medical equipment, inc. was initially approved for PPP Loan of amount $137,438, the current approved amount is $137,438. The loan was approved on 04/14/2020 by The North Shore Bank of Commerce reported 19 jobs and $137,438 was used to fund payroll.

Lake superior medical equipment, inc. is Existing or more than 2 years old

LAKE SUPERIOR MEDICAL EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE SUPERIOR MEDICAL EQUIPMENT, INC.

Borrower Address

522 E. 4th St

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55805-1936

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137437.50

Current Approval Amount

137437.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36809

Servicing Lender Name

North Shore Bank of Commerce

Servicing Lender Address

131 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55802-3026

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55805-1936

CD

MN-08

Jobs Reported

19

NAICS Code

532283

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137437.50

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

36809

Originating Lender

North Shore Bank of Commerce

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128198.59

Forgiveness Date

11/27/2020

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