PPP Loan information for Lakeland electric inc.

$32,255

Lakeland electric inc. was initially approved for PPP Loan of amount $32,255, the current approved amount is $32,255. The loan was approved on 01/19/2021 by The Vibrant Credit Union reported 2 jobs and $32,255 was used to fund payroll.

Lakeland electric inc. is Existing or more than 2 years old

LAKELAND ELECTRIC INC.

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKELAND ELECTRIC INC.

Borrower Address

1312 McKay Dr NE

Borrower City

Ham Lake

Borrower State

MN

Borrower Zip

55304-6128

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32255.00

Current Approval Amount

32255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95591

Servicing Lender Name

Vibrant Credit Union

Servicing Lender Address

1900 52nd Ave

Servicing Lender City

MOLINE

Servicing Lender State

IL

Servicing Lender Zip

61265-6380

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ham Lake

Project County Name

ANOKA

Project State

MN

Project Zip

55304-6128

CD

MN-06

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

32252.00

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

95591

Originating Lender

Vibrant Credit Union

Originating Lender City

MOLINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32462.67

Forgiveness Date

09/22/2021

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