PPP Loan information for Lo inc

$277,515

Lo inc was initially approved for PPP Loan of amount $277,515, the current approved amount is $277,515. The loan was approved on 01/21/2021 by The First State Bank and Trust reported 40 jobs and $277,515 was used to fund payroll.

Lo inc is Existing or more than 2 years old

LO INC

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LO INC

Borrower Address

14608 60th St N

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082-6322

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277514.93

Current Approval Amount

277514.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36629

Servicing Lender Name

First State Bank and Trust

Servicing Lender Address

950 N Hwy 95

Servicing Lender City

BAYPORT

Servicing Lender State

MN

Servicing Lender Zip

55003-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stillwater

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-6322

CD

MN-04

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

277512.93

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

36629

Originating Lender

First State Bank and Trust

Originating Lender City

BAYPORT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279981.73

Forgiveness Date

12/14/2021

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