La Machine Shop, Inc.

$461,800 PPP Loan in Ham Lake, Minnesota

Loan Details

Loan Number
9518847103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$461,800
Current Approval
$461,800
Forgiveness Amount
$465,276
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
La Machine Shop, Inc.
Address
15740 Lincoln Street NE
ZIP Code
55304
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$461,800

Lender Information

Servicing Lender
Community Resource Bank
Originating Lender
Community Resource Bank

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