PPP Loan information for Lulu beans inc of willmar

$74,405

Lulu beans inc of willmar was initially approved for PPP Loan of amount $74,405, the current approved amount is $74,405. The loan was approved on 04/10/2020 by The Concorde Bank reported 20 jobs and $74,405 was used to fund payroll.

Lulu beans inc of willmar is Existing or more than 2 years old

LULU BEANS INC OF WILLMAR

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LULU BEANS INC OF WILLMAR

Borrower Address

1020 S 1st ST

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74405.00

Current Approval Amount

74405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36663

Servicing Lender Name

Concorde Bank

Servicing Lender Address

16 Main St SW

Servicing Lender City

BLOMKEST

Servicing Lender State

MN

Servicing Lender Zip

56216

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

56201-0001

CD

MN-07

Jobs Reported

20

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12881.00

Payroll Proceed

59524.00

Mortgage Interest Proceed

2000.00

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

36663

Originating Lender

Concorde Bank

Originating Lender City

BLOMKEST

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75087.05

Forgiveness Date

03/15/2021

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