Louis Industries Incorporated

$727,322 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
5497658310
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$727,322
Current Approval
$727,322
Forgiveness Amount
$734,090
Forgiveness Date
Jan 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Louis Industries Incorporated
Address
222 Industrial Loop W
ZIP Code
56362-1508
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
73
Estimated Revenue
$19.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$727,320
Utilities
$1

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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