PPP Loan information for Lake industries, inc.

$1,375,985

Lake industries, inc. was initially approved for PPP Loan of amount $1,375,985, the current approved amount is $1,375,985. The loan was approved on 04/28/2020 by The Rockland Trust Company reported 86 jobs and $1,375,985 was used to fund payroll.

Lake industries, inc. is Existing or more than 2 years old

PPP Loan Search / MA / STONEHAM / Lake industries, inc.

LAKE INDUSTRIES, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LAKE INDUSTRIES, INC.

Borrower Address

41 PLEASANT ST

Borrower City

STONEHAM

Borrower State

MA

Borrower Zip

02180-3829

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1375985.00

Current Approval Amount

1375985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

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

02180-3829

CD

MA-05

Jobs Reported

86

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1375985.00

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1387566.21

Forgiveness Date

03/05/2021

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