Lax Fabricating, Ltd
$365,897 PPP Loan in Spring Grove, Minnesota
Loan Details
- Loan Number
- 6206097002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $365,897
- Current Approval
- $365,897
- Forgiveness Amount
- $367,952
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lax Fabricating, Ltd
- Address
- 700 E Main Street
- City
- Spring Grove
- State
- Minnesota
- ZIP Code
- 55974-1430
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332312)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- $8.3M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $365,897
Lender Information
- Servicing Lender
- Decorah Bank & Trust Company
- Originating Lender
- Decorah Bank & Trust Company
Other PPP Loans in Spring Grove, MN
| Business | Approved | |
|---|---|---|
| New Age Tree Service of Mn, Inc. | $475,000 |  Research |
| Vanminsel Bros Construction LLC | $395,000 | Research |
| Lax Fabricating Ltd. | $362,175 | Research |
| Vanminsel Bros Construction, LLC | $329,000 | Research |
| Shooting Star Native Seeds INC | $324,200 | Research |
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