PPP Loan information for Lakeview electric company

$40,909

Lakeview electric company was initially approved for PPP Loan of amount $40,909, the current approved amount is $40,909. The loan was approved on 03/30/2021 by The Minnesota Lakes Bank reported 3 jobs and $40,909 was used to fund payroll.

Lakeview electric company is Existing or more than 2 years old

LAKEVIEW ELECTRIC COMPANY

Date Approved

03/30/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKEVIEW ELECTRIC COMPANY

Borrower Address

1143 Riverwood Dr

Borrower City

Burnsville

Borrower State

MN

Borrower Zip

55337-1501

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40909.40

Current Approval Amount

40909.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36775

Servicing Lender Name

Minnesota Lakes Bank

Servicing Lender Address

710 Babcock Blvd East

Servicing Lender City

DELANO

Servicing Lender State

MN

Servicing Lender Zip

55328-8602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1501

CD

MN-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40907.40

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

36775

Originating Lender

Minnesota Lakes Bank

Originating Lender City

DELANO

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

41010.54

Forgiveness Date

07/07/2021

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