PPP Loan information for Lake contracting inc.

$301,427

Lake contracting inc. was initially approved for PPP Loan of amount $301,427, the current approved amount is $301,427. The loan was approved on 02/03/2021 by The Salem Five Cents Savings Bank reported 11 jobs and $301,427 was used to fund payroll.

Lake contracting inc. is Existing or more than 2 years old

PPP Loan Search / MA / Stoneham / Lake contracting inc.

LAKE CONTRACTING INC.

Date Approved

02/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LAKE CONTRACTING INC.

Borrower Address

21 Spencer St

Borrower City

Stoneham

Borrower State

MA

Borrower Zip

02180-2615

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

301427.00

Current Approval Amount

301427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stoneham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180-2615

CD

MA-05

Jobs Reported

11

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

301425.00

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

Subchapter S Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303629.09

Forgiveness Date

10/27/2021

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