PPP Loan information for Lake hotels, llc

$89,607

Lake hotels, llc was initially approved for PPP Loan of amount $89,607, the current approved amount is $89,607. The loan was approved on 04/08/2020 by The Horizon Bank reported 20 jobs and $89,607 was used to fund payroll.

Lake hotels, llc is Existing or more than 2 years old

LAKE HOTELS, LLC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LAKE HOTELS, LLC

Borrower Address

8640 Mississippi St

Borrower City

MERRILLVILLE

Borrower State

IN

Borrower Zip

46410-6322

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89607.00

Current Approval Amount

89607.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERRILLVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46410-6322

CD

IN-01

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4973.00

Payroll Proceed

71686.00

Mortgage Interest Proceed

0.00

Rent Proceed

6975.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5973.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90417.15

Forgiveness Date

03/18/2021

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