PPP Loan information for Lake title llc

$35,100

Lake title llc was initially approved for PPP Loan of amount $42,500, the current approved amount is $35,100. The loan was approved on 04/09/2020 by The Choice Financial Group reported 5 jobs and $35,100 was used to fund payroll.

Lake title llc is New Business or 2 years or less

LAKE TITLE LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE TITLE LLC

Borrower Address

1101 E. 78th Street Ste 315

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55420-1400

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

35100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55420-1400

CD

MN-03

Jobs Reported

5

NAICS Code

541191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35100.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35522.16

Forgiveness Date

07/02/2021

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