Lanyk Electric Inc.

$87,500 PPP Loan in Virginia, Minnesota

Loan Details

Loan Number
1892238304
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$87,500
Current Approval
$162,500
Forgiveness Amount
$163,913
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lanyk Electric Inc.
Address
5555 Enterprise Dr NE
ZIP Code
55792-3614
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$162,500

Lender Information

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

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