PPP Loan information for Lake minnetonka hardware, inc.

$67,300

Lake minnetonka hardware, inc. was initially approved for PPP Loan of amount $67,300, the current approved amount is $67,300. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 72 jobs and $67,300 was used to fund payroll.

Lake minnetonka hardware, inc. is New Business or 2 years or less

PPP Loan Search / MN / Excelsior / Lake minnetonka hardware, inc.

LAKE MINNETONKA HARDWARE, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE MINNETONKA HARDWARE, INC.

Borrower Address

23540 Highway 7

Borrower City

Excelsior

Borrower State

MN

Borrower Zip

55331

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67300.00

Current Approval Amount

67300.00

Undisbursed Amount

0.00

Franchise Name

True Value Company LLC - Member Agreement

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Excelsior

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-0001

CD

MN-03

Jobs Reported

72

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67300.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67786.06

Forgiveness Date

01/20/2021

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