PPP Loan information for Lake area ag, inc

$17,500

Lake area ag, inc was initially approved for PPP Loan of amount $17,500, the current approved amount is $17,500. The loan was approved on 04/10/2020 by The American Bank & Trust reported 5 jobs and $17,500 was used to fund payroll.

Lake area ag, inc is Existing or more than 2 years old

PPP Loan Search / SD / WATERTOWN / Lake area ag, inc

LAKE AREA AG, INC

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LAKE AREA AG, INC

Borrower Address

44449 US Hwy 212

Borrower City

WATERTOWN

Borrower State

SD

Borrower Zip

57201-7619

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17500.00

Current Approval Amount

17500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-7619

CD

SD-

Jobs Reported

5

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17500.00

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

Corporation

Originating Lender Location Id

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

17704.65

Forgiveness Date

06/14/2021

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