PPP Loan information for Lake country furniture

$64,500

Lake country furniture was initially approved for PPP Loan of amount $64,500, the current approved amount is $64,500. The loan was approved on 04/06/2020 by The Woodland Bank reported 10 jobs and $64,500 was used to fund payroll.

Lake country furniture is Existing or more than 2 years old

LAKE COUNTRY FURNITURE

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKE COUNTRY FURNITURE

Borrower Address

1001 POKEGAMA AVE S Suite F

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-3919

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64500.00

Current Approval Amount

64500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38785

Servicing Lender Name

Woodland Bank

Servicing Lender Address

217 Main Ave East

Servicing Lender City

DEER RIVER

Servicing Lender State

MN

Servicing Lender Zip

56636-8737

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-3919

CD

MN-08

Jobs Reported

10

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64500.00

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

38785

Originating Lender

Woodland Bank

Originating Lender City

DEER RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65010.62

Forgiveness Date

01/26/2021

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