Lanesboro Development Co.

$13,600 PPP Loan in Lanesboro, Minnesota

Loan Details

Loan Number
7418637005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$13,600
Current Approval
$13,600
Forgiveness Amount
$13,697
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanesboro Development Co.
Address
111 Coffee Street
ZIP Code
55949-9748
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$10,200
Rent
$1,700
Utilities
$1,700

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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