PPP Loan information for Landfall development corp.

$232,233

Landfall development corp. was initially approved for PPP Loan of amount $232,233, the current approved amount is $232,233. The loan was approved on 02/23/2021 by The Frandsen Bank & Trust reported 72 jobs and $232,233 was used to fund payroll.

Landfall development corp. is Existing or more than 2 years old

PPP Loan Search / MN / Duluth / Landfall development corp.

LANDFALL DEVELOPMENT CORP.

Date Approved

02/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LANDFALL DEVELOPMENT CORP.

Borrower Address

4005 W Michigan St

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55807-2708

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

232233.00

Current Approval Amount

232233.00

Undisbursed Amount

0.00

Franchise Name

Perkins Restaurant & Bakery

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55807-2708

CD

MN-08

Jobs Reported

72

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

232230.00

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

Subchapter S Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

233874.54

Forgiveness Date

11/19/2021

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