PPP Loan information for Lake run llc

$505,501

Lake run llc was initially approved for PPP Loan of amount $505,501, the current approved amount is $505,501. The loan was approved on 03/12/2021 by The Loan Source Incorporated reported 98 jobs and $505,501 was used to fund payroll.

Lake run llc is Existing or more than 2 years old

LAKE RUN LLC

Date Approved

03/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LAKE RUN LLC

Borrower Address

1 Ocean Ave

Borrower City

Long Branch

Borrower State

NJ

Borrower Zip

07740-6750

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

505501.00

Current Approval Amount

505501.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Branch

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07740-6750

CD

NJ-06

Jobs Reported

98

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

505499.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

511830.15

Forgiveness Date

06/27/2022

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