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Lanyk Electric INC

$180,000 PPP Loan in Virginia, Minnesota

Loan Details

Loan Number
1124397100
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$180,000
Current Approval
$180,000
Forgiveness Amount
$182,000
Forgiveness Date
Nov 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanyk Electric INC
Address
5555 Enterprise Dr
City
Virginia
State
Minnesota
ZIP Code
55792-3614
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$144,000
Utilities
$16,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
B2 Bank National Association
Originating Lender
B2 Bank National Association

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