Lares Corporation

$339,675 PPP Loan in Cambridge, Minnesota

Loan Details

Loan Number
8026548407
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$339,675
Current Approval
$339,675
Forgiveness Amount
$341,845
Forgiveness Date
Oct 6, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Lares Corporation
Address
855 Cleveland St S
ZIP Code
55008-1779
Business Type
Corporation
Industry (NAICS)
Manufacturing (336330)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.8M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$339,674

Lender Information

Servicing Lender
Security Bank & Trust Company
Originating Lender
Security Bank and Trust Company

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