PPP Loan information for Lake state logistics, inc.

$281,800

Lake state logistics, inc. was initially approved for PPP Loan of amount $281,800, the current approved amount is $281,800. The loan was approved on 04/08/2020 by The BankVista reported 36 jobs and $281,800 was used to fund payroll.

Lake state logistics, inc. is New Business or 2 years or less

PPP Loan Search / MN / APPLE VALLEY / Lake state logistics, inc.

LAKE STATE LOGISTICS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE STATE LOGISTICS, INC.

Borrower Address

13461 GEORGIA CIRCLE

Borrower City

APPLE VALLEY

Borrower State

MN

Borrower Zip

55124-7638

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281800.00

Current Approval Amount

281800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124444

Servicing Lender Name

BankVista

Servicing Lender Address

125 Twin Rivers Ct

Servicing Lender City

SARTELL

Servicing Lender State

MN

Servicing Lender Zip

56377-2144

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

APPLE VALLEY

Project County Name

DAKOTA

Project State

MN

Project Zip

55124-7638

CD

MN-02

Jobs Reported

36

NAICS Code

492110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

281800.00

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

124444

Originating Lender

BankVista

Originating Lender City

SARTELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

284795.57

Forgiveness Date

05/11/2021

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