PPP Loan information for Lake machine co. inc

$75,500

Lake machine co. inc was initially approved for PPP Loan of amount $75,500, the current approved amount is $75,500. The loan was approved on 04/29/2021 by The Claremont Savings Bank reported 7 jobs and $75,500 was used to fund payroll.

Lake machine co. inc is Existing or more than 2 years old

PPP Loan Search / NH / Claremont / Lake machine co. inc

LAKE MACHINE CO. INC

Date Approved

04/29/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

LAKE MACHINE CO. INC

Borrower Address

12 Balcom Pl

Borrower City

Claremont

Borrower State

NH

Borrower Zip

03743-4400

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75500.00

Current Approval Amount

75500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42851

Servicing Lender Name

Claremont Savings Bank

Servicing Lender Address

145 Broad St

Servicing Lender City

CLAREMONT

Servicing Lender State

NH

Servicing Lender Zip

03743-3618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Claremont

Project County Name

SULLIVAN

Project State

NH

Project Zip

03743-4400

CD

NH-02

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75497.00

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

42851

Originating Lender

Claremont Savings Bank

Originating Lender City

CLAREMONT

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76021.26

Forgiveness Date

01/12/2022

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