PPP Loan information for Lacour machine

$49,500

Lacour machine was initially approved for PPP Loan of amount $49,500, the current approved amount is $49,500. The loan was approved on 04/29/2020 by The United Community Bank reported 5 jobs and $49,500 was used to fund payroll.

Lacour machine is Existing or more than 2 years old

LACOUR MACHINE

Date Approved

04/29/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LACOUR MACHINE

Borrower Address

108 E 8TH ST

Borrower City

LAKE PARK

Borrower State

IA

Borrower Zip

51347-7895

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49500.00

Current Approval Amount

49500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25262

Servicing Lender Name

United Community Bank

Servicing Lender Address

1000 Okoboji Ave

Servicing Lender City

MILFORD

Servicing Lender State

IA

Servicing Lender Zip

51351-1375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE PARK

Project County Name

DICKINSON

Project State

IA

Project Zip

51347-7895

CD

IA-04

Jobs Reported

5

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

25262

Originating Lender

United Community Bank

Originating Lender City

MILFORD

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50004.49

Forgiveness Date

05/13/2021

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