PPP Loan information for Lakes area truck repair inc.

$74,500

Lakes area truck repair inc. was initially approved for PPP Loan of amount $74,500, the current approved amount is $74,500. The loan was approved on 04/28/2020 by The First Bank reported 8 jobs and $74,500 was used to fund payroll.

Lakes area truck repair inc. is Existing or more than 2 years old

PPP Loan Search / MN / PERHAM / Lakes area truck repair inc.

LAKES AREA TRUCK REPAIR INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKES AREA TRUCK REPAIR INC.

Borrower Address

43589 Fort Thunder Rd

Borrower City

PERHAM

Borrower State

MN

Borrower Zip

56573-8918

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74500.00

Current Approval Amount

74500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERHAM

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56573-8918

CD

MN-07

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

74500.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75100.14

Forgiveness Date

03/01/2021

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