PPP Loan information for Lake effect investments, inc.

$365,674

Lake effect investments, inc. was initially approved for PPP Loan of amount $365,674, the current approved amount is $365,674. The loan was approved on 01/19/2021 by The Charlotte State Bank & Trust reported 40 jobs and $365,674 was used to fund payroll.

Lake effect investments, inc. is Existing or more than 2 years old

LAKE EFFECT INVESTMENTS, INC.

Date Approved

01/19/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

LAKE EFFECT INVESTMENTS, INC.

Borrower Address

17 Knolls Rd

Borrower City

New Fairfield

Borrower State

CT

Borrower Zip

06812-3434

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

365673.91

Current Approval Amount

365673.91

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111979

Servicing Lender Name

Charlotte State Bank & Trust

Servicing Lender Address

1100 Tamiami Trl

Servicing Lender City

PORT CHARLOTTE

Servicing Lender State

FL

Servicing Lender Zip

33953-3808

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Fairfield

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06812-3434

CD

CT-05

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

365668.91

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

111979

Originating Lender

Charlotte State Bank & Trust

Originating Lender City

PORT CHARLOTTE

Originating Lender State

FL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

367577.42

Forgiveness Date

08/02/2021

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