PPP Loan information for Lo inc.

$182,000

Lo inc. was initially approved for PPP Loan of amount $198,225, the current approved amount is $182,000. The loan was approved on 04/28/2020 by The First State Bank and Trust reported 75 jobs and $182,000 was used to fund payroll.

Lo inc. is Existing or more than 2 years old

PPP Loan Search / MN / STILLWATER / Lo inc.

LO INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LO INC.

Borrower Address

14608 60th St. N.

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

198225.00

Current Approval Amount

182000.00

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

55082-0001

CD

MN-04

Jobs Reported

75

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

155000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

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

183294.22

Forgiveness Date

01/20/2021

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