PPP Loan information for Lake effect construction inc

$51,037

Lake effect construction inc was initially approved for PPP Loan of amount $51,037, the current approved amount is $51,037. The loan was approved on 01/22/2021 by The Frandsen Bank & Trust reported 2 jobs and $51,037 was used to fund payroll.

Lake effect construction inc is Existing or more than 2 years old

LAKE EFFECT CONSTRUCTION INC

Date Approved

01/22/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

LAKE EFFECT CONSTRUCTION INC

Borrower Address

9346 E Wasko Rd

Borrower City

Solon Springs

Borrower State

WI

Borrower Zip

54873-8113

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51037.00

Current Approval Amount

51037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Solon Springs

Project County Name

DOUGLAS

Project State

WI

Project Zip

54873-8113

CD

WI-07

Jobs Reported

2

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51034.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51283.10

Forgiveness Date

07/28/2021

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