PPP Loan information for Lake area industries

$107,900

Lake area industries was initially approved for PPP Loan of amount $107,900, the current approved amount is $107,900. The loan was approved on 04/15/2020 by The OakStar Bank reported 106 jobs and $107,900 was used to fund payroll.

Lake area industries is Existing or more than 2 years old

LAKE AREA INDUSTRIES

Date Approved

04/15/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

LAKE AREA INDUSTRIES

Borrower Address

1720 N BUSINESS ROUTE 5

Borrower City

CAMDENTON

Borrower State

MO

Borrower Zip

65020-2623

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107900.00

Current Approval Amount

107900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436696

Servicing Lender Name

OakStar Bank

Servicing Lender Address

1020 E Battlefield Rd

Servicing Lender City

SPRINGFIELD

Servicing Lender State

MO

Servicing Lender Zip

65807-5111

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMDENTON

Project County Name

CAMDEN

Project State

MO

Project Zip

65020-2623

CD

MO-04

Jobs Reported

106

NAICS Code

561910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107900.00

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

Non-Profit Organization

Originating Lender Location Id

436696

Originating Lender

OakStar Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

108454.49

Forgiveness Date

11/05/2020

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