Lo Inc.

$198,225 PPP Loan in Stillwater, Minnesota

Loan Details

Loan Number
6596107204
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$198,225
Current Approval
$182,000
Forgiveness Amount
$183,294
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lo Inc.
Address
14608 60th St. N.
ZIP Code
55082
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$13.3M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$155,000
Rent
$20,000
Utilities
$7,000

Lender Information

Servicing Lender
First State Bank and Trust
Originating Lender
First State Bank and Trust

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