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
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

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