PPP Loan information for Lake area designs llc

$354,900

Lake area designs llc was initially approved for PPP Loan of amount $354,900, the current approved amount is $354,900. The loan was approved on 04/11/2020 by The Farmers State Bank reported 46 jobs and $354,900 was used to fund payroll.

Lake area designs llc is Existing or more than 2 years old

LAKE AREA DESIGNS LLC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LAKE AREA DESIGNS LLC

Borrower Address

1260 N DETROIT ST PO BOX 298

Borrower City

LAGRANGE

Borrower State

IN

Borrower Zip

46761-1160

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354900.00

Current Approval Amount

354900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23855

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

220 S Detroit St

Servicing Lender City

LAGRANGE

Servicing Lender State

IN

Servicing Lender Zip

46761-1808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAGRANGE

Project County Name

LAGRANGE

Project State

IN

Project Zip

46761-1160

CD

IN-03

Jobs Reported

46

NAICS Code

337212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

354900.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

23855

Originating Lender

Farmers State Bank

Originating Lender City

LAGRANGE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

357315.29

Forgiveness Date

12/17/2020

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