Lakeland Transfer LLC

$185,400 PPP Loan in Lake City, Minnesota

Loan Details

Loan Number
5086657004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$185,400
Current Approval
$185,400
Forgiveness Amount
$186,986
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lakeland Transfer LLC
Address
120 S Lakeshore Dr
ZIP Code
55041-1691
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Transportation and Warehousing (484220)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$168,000
Rent
$5,000
Utilities
$2,400
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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