PPP Loan information for Leaders manufacturing, inc.

$200,000

Leaders manufacturing, inc. was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 04/09/2020 by The Lake Region Bank reported 21 jobs and $200,000 was used to fund payroll.

Leaders manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WILLMAR / Leaders manufacturing, inc.

LEADERS MANUFACTURING, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LEADERS MANUFACTURING, INC.

Borrower Address

800 19TH AVE

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-5144

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

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

56201-5144

CD

MN-07

Jobs Reported

21

NAICS Code

327910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10500.00

Payroll Proceed

179500.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

202494.44

Forgiveness Date

07/09/2021

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