PPP Loan information for Lako drilling, inc

$94,350

Lako drilling, inc was initially approved for PPP Loan of amount $94,350, the current approved amount is $94,350. The loan was approved on 01/16/2021 by The Dakota Heritage Bank reported 5 jobs and $94,350 was used to fund payroll.

Lako drilling, inc is Existing or more than 2 years old

LAKO DRILLING, INC

Date Approved

01/16/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

LAKO DRILLING, INC

Borrower Address

325 County Road 34

Borrower City

Arthur

Borrower State

ND

Borrower Zip

58006-4103

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94350.00

Current Approval Amount

94350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52856

Servicing Lender Name

Dakota Heritage Bank

Servicing Lender Address

109 Main St

Servicing Lender City

HUNTER

Servicing Lender State

ND

Servicing Lender Zip

58048

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Arthur

Project County Name

CASS

Project State

ND

Project Zip

58006-4103

CD

ND-

Jobs Reported

5

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

94349.00

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

52856

Originating Lender

Dakota Heritage Bank

Originating Lender City

HUNTER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94748.08

Forgiveness Date

06/23/2021

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