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Lano Equipment INC

$1,359,600 PPP Loan in Shakopee, Minnesota

Loan Details

Loan Number
5867197000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,359,600
Current Approval
$1,359,600
Forgiveness Amount
$1,370,099
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lano Equipment INC
Address
3021 133rd St W
City
Shakopee
State
Minnesota
ZIP Code
55379-9281
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$31.6M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$1,359,600

Lender Information

Servicing Lender
Hometown Bank
Originating Lender
Hometown Bank

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