PPP Loan information for Lake effect associates, llc

$67,200

Lake effect associates, llc was initially approved for PPP Loan of amount $67,200, the current approved amount is $67,200. The loan was approved on 04/27/2020 by The First Community Bank reported 9 jobs and $67,200 was used to fund payroll.

Lake effect associates, llc is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Lake effect associates, llc

LAKE EFFECT ASSOCIATES, LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKE EFFECT ASSOCIATES, LLC

Borrower Address

102 West Front St Suite 404

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49684-1201

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67200.00

Current Approval Amount

67200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35298

Servicing Lender Name

First Community Bank

Servicing Lender Address

200 E Main St

Servicing Lender City

HARBOR SPRINGS

Servicing Lender State

MI

Servicing Lender Zip

49740-1512

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-1201

CD

MI-01

Jobs Reported

9

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67200.00

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

Sole Proprietorship

Originating Lender Location Id

35298

Originating Lender

First Community Bank

Originating Lender City

HARBOR SPRINGS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67661.07

Forgiveness Date

01/07/2021

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