Lamb Labor Services, INC

$260,900 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
6557487003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$260,900
Current Approval
$260,900
Forgiveness Amount
$263,087
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lamb Labor Services, INC
Address
115 Business Hwy 23 E
ZIP Code
56362-4108
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561320)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$250,000
Rent
$6,000
Utilities
$2,840
Mortgage Interest
$2,060

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

Other PPP Loans in Paynesville, MN

BusinessApproved
Highline Construction Inc.$1,079,698NewBizBotAI Deep Dive
Avon Plastics Inc.$971,922NewBizBotAI Deep Dive
Avon Plastics, INC$971,900NewBizBotAI Deep Dive
Voss Plumbing & Heating of Paynesville INC$850,000NewBizBotAI Deep Dive
Louis Industries INC$738,047NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free