Lower 48 Transport Service INC

$130,000 PPP Loan in Waseca, Minnesota

Loan Details

Loan Number
5651097006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$130,000
Current Approval
$130,000
Forgiveness Amount
$131,441
Forgiveness Date
May 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lower 48 Transport Service INC
Address
208 16th Ave
City
Waseca
ZIP Code
56093
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$129,994
Rent
$1
Utilities
$1
Health Care
$1
Mortgage Interest
$1
Debt Interest
$1
Refinance EIDL
$1

Lender Information

Servicing Lender
First State Bank of Le Center
Originating Lender
First State Bank of Le Center

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