PPP Loan information for Lanyk electric inc.

$162,500

Lanyk electric inc. was initially approved for PPP Loan of amount $87,500, the current approved amount is $162,500. The loan was approved on 01/20/2021 by The B2 Bank National Association reported 7 jobs and $162,500 was used to fund payroll.

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

PPP Loan Search / MN / Virginia / Lanyk electric inc.

LANYK ELECTRIC INC.

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LANYK ELECTRIC INC.

Borrower Address

5555 Enterprise Dr NE

Borrower City

Virginia

Borrower State

MN

Borrower Zip

55792-3614

Loan Status Date

02/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87500.00

Current Approval Amount

162500.00

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

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162500.00

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

36695

Originating Lender

B2 Bank National Association

Originating Lender City

MOUNTAIN IRON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

163912.85

Forgiveness Date

12/14/2021

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