PPP Loan information for Lake of the torches federal development corporation

$3,398,600

Lake of the torches federal development corporation was initially approved for PPP Loan of amount $3,398,600, the current approved amount is $3,398,600. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 349 jobs and $3,398,600 was used to fund payroll.

Lake of the torches federal development corporation is Unanswered

LAKE OF THE TORCHES FEDERAL DEVELOPMENT CORPORATION

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LAKE OF THE TORCHES FEDERAL DEVELOPMENT CORPORATION

Borrower Address

510 OLD ABE RD

Borrower City

LAC DU FLAMBEAU

Borrower State

WI

Borrower Zip

54538-9680

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3398600.00

Current Approval Amount

3398600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

LAC DU FLAMBEAU

Project County Name

VILAS

Project State

WI

Project Zip

54538-9680

CD

WI-07

Jobs Reported

349

NAICS Code

721120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3398600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3437117.47

Forgiveness Date

06/11/2021

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