Labraaten Insurance Agency, Inc.
$190,400 PPP Loan in Bagley, Minnesota
Loan Details
- Loan Number
- 7986347010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $190,400
- Current Approval
- $190,400
- Forgiveness Amount
- $191,814
- Forgiveness Date
- Jan 14, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Labraaten Insurance Agency, Inc.
- Address
- 25 Clearwater Ave SW Po Box 606
- City
- Bagley
- State
- Minnesota
- ZIP Code
- 56621-8318
- Business Type
- Corporation
- Industry (NAICS)
- Finance and Insurance (524210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- $9.8M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $190,400
Lender Information
- Servicing Lender
- Ultima Bank Minnesota
- Originating Lender
- Ultima Bank Minnesota
Other PPP Loans in Bagley, MN
| Business | Approved | |
|---|---|---|
| Cornerstone Nursing & Rehab | $520,100 | |
| Bagley Co-Op Association | $191,998 | |
| Bemidji Bituminous, Inc. | $190,000 | |
| Cease Funeral Home, INC | $189,200 | |
| Bemidji Bituminous Inc. | $158,353 |
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