Lava Burger INC

$59,900 PPP Loan in Owatonna, Minnesota

Loan Details

Loan Number
4537817010
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$59,900
Current Approval
$59,900
Forgiveness Amount
$60,629
Forgiveness Date
Aug 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lava Burger INC
Address
369 18th Street SE
ZIP Code
55060-3829
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
New Business or 2 years or less
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$45,000
Rent
$7,900
Utilities
$7,000

Lender Information

Servicing Lender
Manufacturers Bank & Trust Company
Originating Lender
Manufacturers Bank & Trust Company

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