PPP Loan information for Lauer enterprises, inc.

$69,400

Lauer enterprises, inc. was initially approved for PPP Loan of amount $69,400, the current approved amount is $69,400. The loan was approved on 04/15/2020 by The Alerus Financial, National Association reported 15 jobs and $69,400 was used to fund payroll.

Lauer enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MN / EXCELSIOR / Lauer enterprises, inc.

LAUER ENTERPRISES, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAUER ENTERPRISES, INC.

Borrower Address

244 WATER ST

Borrower City

EXCELSIOR

Borrower State

MN

Borrower Zip

55331-1825

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69400.00

Current Approval Amount

69400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

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

55331-1825

CD

MN-03

Jobs Reported

15

NAICS Code

442110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8700.00

Payroll Proceed

52000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70022.67

Forgiveness Date

03/11/2021

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