PPP Loan information for Lavalley industries, llc

$393,700

Lavalley industries, llc was initially approved for PPP Loan of amount $393,700, the current approved amount is $393,700. The loan was approved on 04/03/2020 by The Midwest Bank reported 30 jobs and $393,700 was used to fund payroll.

Lavalley industries, llc is Existing or more than 2 years old

PPP Loan Search / MN / BEMIDJI / Lavalley industries, llc

LAVALLEY INDUSTRIES, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAVALLEY INDUSTRIES, LLC

Borrower Address

1876 23rd Street SE

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-9012

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393700.00

Current Approval Amount

393700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-9012

CD

MN-08

Jobs Reported

30

NAICS Code

333132

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

374015.00

Mortgage Interest Proceed

0.00

Rent Proceed

19685.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

396277.93

Forgiveness Date

12/09/2020

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