PPP Loan information for Lange agricultural systems, inc.

$385,300

Lange agricultural systems, inc. was initially approved for PPP Loan of amount $385,300, the current approved amount is $385,300. The loan was approved on 04/03/2020 by The Home State Bank reported 25 jobs and $385,300 was used to fund payroll.

Lange agricultural systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WILLMAR / Lange agricultural systems, inc.

LANGE AGRICULTURAL SYSTEMS, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LANGE AGRICULTURAL SYSTEMS, INC.

Borrower Address

193 COUNTY ROAD 9 NE

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-9400

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385300.00

Current Approval Amount

385300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38267

Servicing Lender Name

Home State Bank

Servicing Lender Address

1435 E Hwy 12

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-5328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-9400

CD

MN-07

Jobs Reported

25

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

354300.00

Mortgage Interest Proceed

0.00

Rent Proceed

23000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38267

Originating Lender

Home State Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388521.54

Forgiveness Date

02/04/2021

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