PPP Loan information for Lake region corporation

$1,091,858

Lake region corporation was initially approved for PPP Loan of amount $1,091,858, the current approved amount is $1,091,858. The loan was approved on 03/13/2021 by The First United Bank reported 145 jobs and $1,091,858 was used to fund payroll.

Lake region corporation is Existing or more than 2 years old

PPP Loan Search / ND / Devils Lake / Lake region corporation

LAKE REGION CORPORATION

Date Approved

03/13/2021

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LAKE REGION CORPORATION

Borrower Address

224 3rd St NW

Borrower City

Devils Lake

Borrower State

ND

Borrower Zip

58301-2908

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1091858.00

Current Approval Amount

1091858.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Devils Lake

Project County Name

RAMSEY

Project State

ND

Project Zip

58301-2908

CD

ND-

Jobs Reported

145

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1091856.00

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

501(c)3 – Non Profit

Originating Lender Location Id

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1095896.38

Forgiveness Date

07/30/2021

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