755 E LAKE STREET LLC (MN) - 2020 PPP Loan Borrower Profile (# 7677777006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 755 E LAKE STREET LLC. 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

7677777006

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$93,300

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$94,135.87

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,300

Payroll Proced

88,000

Rent Proceed

4,000

Lender

Park State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

WAYZATA, MN

Project Location

WAYZATA, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.