PPP Loan information for Lake administrative services, inc.

$72,500

Lake administrative services, inc. was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/04/2020 by The First State Bank and Trust reported 12 jobs and $72,500 was used to fund payroll.

Lake administrative services, inc. is Existing or more than 2 years old

PPP Loan Search / MN / White Bear Lake / Lake administrative services, inc.

LAKE ADMINISTRATIVE SERVICES, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE ADMINISTRATIVE SERVICES, INC.

Borrower Address

5900 Highway 61 N

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36629

Servicing Lender Name

First State Bank and Trust

Servicing Lender Address

950 N Hwy 95

Servicing Lender City

BAYPORT

Servicing Lender State

MN

Servicing Lender Zip

55003-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-0011

CD

MN-04

Jobs Reported

12

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

36629

Originating Lender

First State Bank and Trust

Originating Lender City

BAYPORT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72999.44

Forgiveness Date

12/21/2020

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