PPP Loan information for Lawrence specialty machine, inc.

$20,400

Lawrence specialty machine, inc. was initially approved for PPP Loan of amount $20,400, the current approved amount is $20,400. The loan was approved on 04/07/2020 by The Alliance Bank reported 2 jobs and $20,400 was used to fund payroll.

Lawrence specialty machine, inc. is Existing or more than 2 years old

LAWRENCE SPECIALTY MACHINE, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAWRENCE SPECIALTY MACHINE, INC.

Borrower Address

27837 271 Street

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-5503

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20400.00

Current Approval Amount

20400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-5503

CD

MN-01

Jobs Reported

2

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20400.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20586.43

Forgiveness Date

03/17/2021

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