PPP Loan information for Iron lakes lounge, inc.

$84,500

Iron lakes lounge, inc. was initially approved for PPP Loan of amount $84,500, the current approved amount is $84,500. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 6 jobs and $84,500 was used to fund payroll.

Iron lakes lounge, inc. is Existing or more than 2 years old

IRON LAKES LOUNGE, INC.

Date Approved

04/11/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

IRON LAKES LOUNGE, INC.

Borrower Address

3625 Shankweiler Rd.

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104-8811

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84500.00

Current Approval Amount

84500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-8811

CD

PA-07

Jobs Reported

6

NAICS Code

541611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8436.16

Payroll Proceed

67627.68

Mortgage Interest Proceed

8436.16

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85234.68

Forgiveness Date

03/02/2021

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