Lake State Repair LLC

$30,089 PPP Loan in Rush City, Minnesota

Loan Details

Loan Number
6586667106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$30,089
Current Approval
$30,089
Forgiveness Amount
$30,301
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lake State Repair LLC
Address
1170 S Frandsen Ave
ZIP Code
55069
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
New Business or 2 years or less
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$22,567
Utilities
$3,009
Mortgage Interest
$4,513

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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