Lonsdale Tool & Manufacturing, Inc.

$151,545 PPP Loan in Lonsdale, Minnesota

Loan Details

Loan Number
3334057100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$151,545
Current Approval
$151,545
Forgiveness Amount
$152,571
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lonsdale Tool & Manufacturing, Inc.
Address
29 Delaware Street SE
ZIP Code
55046-9606
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332510)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$113,660
Utilities
$15,154
Mortgage Interest
$22,731

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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