Lava Design INC

$114,800 PPP Loan in Mound, Minnesota

Loan Details

Loan Number
1322447201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$114,800
Current Approval
$114,800
Forgiveness Amount
$115,684
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lava Design INC
Address
1250 Spruce Place
City
Mound
ZIP Code
55364-9626
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541420)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$91,840
Rent
$11,480
Utilities
$11,480

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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