Lake States Construction INC
$360,500 PPP Loan in Grand Rapids, Minnesota
Loan Details
- Loan Number
- 8992897110
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $360,500
- Current Approval
- $360,500
- Forgiveness Amount
- $363,534
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lake States Construction INC
- Address
- 25172 Commercial Dr
- City
- Grand Rapids
- State
- Minnesota
- ZIP Code
- 55744
- Business Type
- Corporation
- Industry (NAICS)
- Construction (237130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $8.4M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $339,600
- Rent
- $12,000
- Utilities
- $7,400
- Debt Interest
- $1,500
Lender Information
- Servicing Lender
- Deerwood Bank
- Originating Lender
- Deerwood Bank
Other PPP Loans in Grand Rapids, MN
| Business | Approved | |
|---|---|---|
| North Homes INC | $2,992,700 |  AI Deep Dive |
| Northland Counseling Center In. | $2,662,900 | AI Deep Dive |
| Northern Industrial Erectors | $2,460,999 | AI Deep Dive |
| Casper Construction, Inc. | $2,194,300 | AI Deep Dive |
| Northern Industrial Erectors Inc. | $2,000,000 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free