Lake Area Roofing & Construction, Inc.
$319,700 PPP Loan in Chisago City, Minnesota
Loan Details
- Loan Number
- 5968777203
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $319,700
- Current Approval
- $319,700
- Forgiveness Amount
- $322,617
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lake Area Roofing & Construction, Inc.
- Address
- 10425 Liberty Ln
- City
- Chisago City
- State
- Minnesota
- ZIP Code
- 55013-5405
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238160)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 39
- Estimated Revenue
- $12.9M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $279,970
- Rent
- $5,428
- Utilities
- $4,600
- Health Care
- $29,702
Lender Information
- Servicing Lender
- First Resource Bank
- Originating Lender
- First Resource Bank
Other PPP Loans in Chisago City, MN
| Business | Approved | |
|---|---|---|
| Peterson Companies, Inc. | $2,726,200 | |
| Kendall Howard L.l.c. | $480,122 | |
| Dresel Contracting, Inc. | $475,060 | |
| Brink's Market | $443,600 | |
| Lakes Area Electric, INC | $358,190 |
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