PPP Loan information for Lako drilling, inc

$69,120

Lako drilling, inc was initially approved for PPP Loan of amount $69,120, the current approved amount is $69,120. The loan was approved on 04/06/2020 by The Dakota Heritage Bank reported 6 jobs and $69,120 was used to fund payroll.

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

LAKO DRILLING, INC

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LAKO DRILLING, INC

Borrower Address

325 County Road 34

Borrower City

ARTHUR

Borrower State

ND

Borrower Zip

58006-9999

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69120.00

Current Approval Amount

69120.00

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

58006-9999

CD

ND-

Jobs Reported

6

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13820.00

Payroll Proceed

55300.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69536.61

Forgiveness Date

11/23/2020

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