PPP Loan information for Lake equipment leasing, inc

$161,480

Lake equipment leasing, inc was initially approved for PPP Loan of amount $161,480, the current approved amount is $161,480. The loan was approved on 04/09/2020 by The Valley National Bank reported 9 jobs and $161,480 was used to fund payroll.

Lake equipment leasing, inc is New Business or 2 years or less

LAKE EQUIPMENT LEASING, INC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LAKE EQUIPMENT LEASING, INC

Borrower Address

64 Main Street, 2nd Floor

Borrower City

MILLBURN

Borrower State

NJ

Borrower Zip

07041

Loan Status Date

Loan Status

Exemption 4

Term

2

SBA Guaranty Percentage

100

Initial Approval Amount

161480.00

Current Approval Amount

161480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MILLBURN

Project County Name

ESSEX

Project State

NJ

Project Zip

07041-0001

CD

NJ-11

Jobs Reported

9

NAICS Code

522220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

161480.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;