Lake Elmo Aero, LLC

$65,877 PPP Loan in Lake Elmo, Minnesota

Loan Details

Loan Number
7228907100
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$65,877
Current Approval
$65,877
Forgiveness Amount
$66,426
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lake Elmo Aero, LLC
Address
3275 Manning Ave North
ZIP Code
55042-9681
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Educational Services (611512)
Business Age
New Business or 2 years or less
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$50,429
Rent
$3,776
Utilities
$2,774
Health Care
$2,952
Mortgage Interest
$5,173
Debt Interest
$773

Lender Information

Servicing Lender
Lake Elmo Bank
Originating Lender
Lake Elmo Bank

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