PPP Loan information for Lake country associates inc.

$267,800

Lake country associates inc. was initially approved for PPP Loan of amount $277,800, the current approved amount is $267,800. The loan was approved on 04/03/2020 by The The Citizens National Bank of Park Rapids reported 32 jobs and $267,800 was used to fund payroll.

Lake country associates inc. is Existing or more than 2 years old

LAKE COUNTRY ASSOCIATES INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE COUNTRY ASSOCIATES INC.

Borrower Address

515 Bridge Street East

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1402

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277800.00

Current Approval Amount

267800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38734

Servicing Lender Name

The Citizens National Bank of Park Rapids

Servicing Lender Address

300 W 1st St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1402

CD

MN-07

Jobs Reported

32

NAICS Code

621330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

267800.00

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

38734

Originating Lender

The Citizens National Bank of Park Rapids

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

269912.64

Forgiveness Date

01/20/2021

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