PPP Loan information for Lan-de-con, inc.

$254,600

Lan-de-con, inc. was initially approved for PPP Loan of amount $254,600, the current approved amount is $254,600. The loan was approved on 04/08/2020 by The First Minnetonka City Bank reported 30 jobs and $254,600 was used to fund payroll.

Lan-de-con, inc. is Existing or more than 2 years old

PPP Loan Search / MN / EXCELSIOR / Lan-de-con, inc.

LAN-DE-CON, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAN-DE-CON, INC.

Borrower Address

15 BRENTWOOD AVE

Borrower City

EXCELSIOR

Borrower State

MN

Borrower Zip

55331-8523

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254600.00

Current Approval Amount

254600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EXCELSIOR

Project County Name

HENNEPIN

Project State

MN

Project Zip

55331-8523

CD

MN-03

Jobs Reported

30

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

13200.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11400.00

Debt Interest Proceed

10000

Business Type

Subchapter S Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

257054.06

Forgiveness Date

03/31/2021

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