Lax Fabricating Ltd.
$362,175 PPP Loan in Spring Grove, Minnesota
Loan Details
- Loan Number
- 3490688502
- Date Approved
- Feb 24, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $362,175
- Current Approval
- $362,175
- Forgiveness Amount
- $363,773
- Forgiveness Date
- Aug 9, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Lax Fabricating Ltd.
- Address
- 700 E Main St
- City
- Spring Grove
- State
- Minnesota
- ZIP Code
- 55974-1430
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 36
- Estimated Revenue
- $8.8M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $362,170
- Utilities
- $1
Lender Information
- Servicing Lender
- Decorah Bank & Trust Company
- Originating Lender
- Decorah Bank & Trust Company
Other PPP Loans in Spring Grove, MN
| Business | Approved | |
|---|---|---|
| New Age Tree Service of Mn, Inc. | $475,000 |  Research |
| Vanminsel Bros Construction LLC | $395,000 | Research |
| Lax Fabricating, Ltd | $365,897 | Research |
| Vanminsel Bros Construction, LLC | $329,000 | Research |
| Shooting Star Native Seeds INC | $324,200 | Research |
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