Louis Industries INC

$738,047 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
2249567210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$738,047
Current Approval
$738,047
Forgiveness Amount
$746,371
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Louis Industries INC
Address
222 Industrial Loop West
ZIP Code
56362
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332618)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$16.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$738,047

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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