Laneco, Inc.

$147,200 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
5670107100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$147,200
Current Approval
$147,200
Forgiveness Amount
$148,240
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Laneco, Inc.
Address
12178 87th St
ZIP Code
55330-7386
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445110)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$147,200

Lender Information

Servicing Lender
The Bank of Elk River
Originating Lender
The Bank of Elk River

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