PPP Loan information for Loen nursery inc

$1,000,000

Loen nursery inc was initially approved for PPP Loan of amount $99,995, the current approved amount is $1,000,000. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 115 jobs and $1,000,000 was used to fund payroll.

Loen nursery inc is New Business or 2 years or less

LOEN NURSERY INC

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

LOEN NURSERY INC

Borrower Address

19205 SW Cipole Rd

Borrower City

Sherwood

Borrower State

OR

Borrower Zip

97140

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99995.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Sherwood

Project County Name

WASHINGTON

Project State

OR

Project Zip

97140-0001

CD

OR-01

Jobs Reported

115

NAICS Code

111421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1000000.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1012833.33

Forgiveness Date

08/09/2021

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