PPP Loan information for Lanyk electric inc

$180,000

Lanyk electric inc was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/09/2020 by The B2 Bank National Association reported 6 jobs and $180,000 was used to fund payroll.

Lanyk electric inc is Existing or more than 2 years old

LANYK ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LANYK ELECTRIC INC

Borrower Address

5555 ENTERPRISE DR

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-3614

Loan Status Date

02/03/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36695

Servicing Lender Name

B2 Bank National Association

Servicing Lender Address

8355 Unity Dr

Servicing Lender City

MOUNTAIN IRON

Servicing Lender State

MN

Servicing Lender Zip

55792-4061

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-3614

CD

MN-08

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16000.00

Payroll Proceed

144000.00

Mortgage Interest Proceed

20000.00

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

36695

Originating Lender

B2 Bank National Association

Originating Lender City

MOUNTAIN IRON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101426.04

Forgiveness Date

05/21/2021

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