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
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
Servicing Lender Zip
51301-3707
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DICKINSON
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
149819.50
Forgiveness Date
08/16/2021