PPP Loan information for Lake country distributing, inc.

$333,500

Lake country distributing, inc. was initially approved for PPP Loan of amount $333,500, the current approved amount is $333,500. The loan was approved on 04/09/2020 by The Old National Bank reported 33 jobs and $333,500 was used to fund payroll.

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

LAKE COUNTRY DISTRIBUTING, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKE COUNTRY DISTRIBUTING, INC.

Borrower Address

3113 CARPENTER RD

Borrower City

YPSILANTI

Borrower State

MI

Borrower Zip

48197-9603

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

333500.00

Current Approval Amount

333500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

YPSILANTI

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197-9603

CD

MI-06

Jobs Reported

33

NAICS Code

713940

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

333500.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

335464.45

Forgiveness Date

11/19/2020

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