PPP Loan information for Lakes building components, inc.

$174,400

Lakes building components, inc. was initially approved for PPP Loan of amount $174,400, the current approved amount is $174,400. The loan was approved on 04/10/2020 by The Minnwest Bank reported 23 jobs and $174,400 was used to fund payroll.

Lakes building components, inc. is Existing or more than 2 years old

LAKES BUILDING COMPONENTS, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKES BUILDING COMPONENTS, INC.

Borrower Address

7301 APOLLO CT

Borrower City

CIRCLE PINES

Borrower State

MN

Borrower Zip

55014-3034

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174400.00

Current Approval Amount

174400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CIRCLE PINES

Project County Name

ANOKA

Project State

MN

Project Zip

55014-3034

CD

MN-06

Jobs Reported

23

NAICS Code

321920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

174400.00

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

Subchapter S Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

175427.29

Forgiveness Date

11/19/2020

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