PPP Loan information for Lakes investment, inc.

$65,500

Lakes investment, inc. was initially approved for PPP Loan of amount $65,500, the current approved amount is $65,500. The loan was approved on 04/03/2020 by The Northwest Bank reported 9 jobs and $65,500 was used to fund payroll.

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

LAKES INVESTMENT, INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LAKES INVESTMENT, INC.

Borrower Address

107 W Broadway

Borrower City

ARNOLDS PARK

Borrower State

IA

Borrower Zip

51331

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65500.00

Current Approval Amount

65500.00

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

51331-0001

CD

IA-04

Jobs Reported

9

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9500.00

Payroll Proceed

52500.00

Mortgage Interest Proceed

3500.00

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

66060.39

Forgiveness Date

02/16/2021

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