2558 LYNDALE INC (MN) - 2020 PPP Loan Borrower Profile (# 8574638302)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 2558 LYNDALE INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Minnesota.
Loan Detail
Loan Number
8574638302
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$318,909.11
Date Loan was Approved
Jan 29, 2021
Amount Forgiven
$321,416.09
Date Loan was Forgiven
Nov 19, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
318,905.11
Lender
BankCherokee
Business Detail
Business Type
Corporation
NAICS
722513
Borrower Location
Minneapolis, MN
Project Location
Minneapolis, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
14
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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