PPP Loan information for Lakes investment inc.

$149,000

Lakes investment inc. was initially approved for PPP Loan of amount $149,000, the current approved amount is $149,000. The loan was approved on 01/21/2021 by The Northwest Bank reported 12 jobs and $149,000 was used to fund payroll.

Lakes investment inc. is Existing or more than 2 years old

LAKES INVESTMENT INC.

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

LAKES INVESTMENT INC.

Borrower Address

107 W Broadway St

Borrower City

Arnolds Park

Borrower State

IA

Borrower Zip

51331-7780

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149000.00

Current Approval Amount

149000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arnolds Park

Project County Name

DICKINSON

Project State

IA

Project Zip

51331-7780

CD

IA-04

Jobs Reported

12

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

148998.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149819.50

Forgiveness Date

08/16/2021

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