Laketown Electric Corporation
$1,783,200 PPP Loan in Waconia, Minnesota
Loan Details
- Loan Number
- 4395307003
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,783,200
- Current Approval
- $1,637,000
- Forgiveness Amount
- $1,649,778
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $1,309,600
- Mortgage Interest
- $327,400
Lender Information
- Servicing Lender
- Park State Bank
- Originating Lender
- Park State Bank
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