Date Approved
04/09/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
LAKES LOGISTICS, INC.
Borrower Address
1106 29TH ST
Borrower City
SPIRIT LAKE
Borrower State
IA
Borrower Zip
51360-7193
Loan Status Date
06/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
181540.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25496
Servicing Lender Name
The State Bank
Servicing Lender Address
1902 Hill Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
51360-1212
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
28
NAICS Code
484121
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1540.00
Payroll Proceed
178000.00
Mortgage Interest Proceed
Rent Proceed
2000.00
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 Profit
Forgiveness Amount
183449.90
Forgiveness Date
05/06/2021