PPP Loan information for Lakes erosion services inc

$67,800

Lakes erosion services inc was initially approved for PPP Loan of amount $67,800, the current approved amount is $67,800. The loan was approved on 03/20/2021 by The First Bank & Trust reported 12 jobs and $67,800 was used to fund payroll.

Lakes erosion services inc is Existing or more than 2 years old

LAKES EROSION SERVICES INC

Date Approved

03/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKES EROSION SERVICES INC

Borrower Address

16882 310th St

Borrower City

New Prague

Borrower State

MN

Borrower Zip

56071-4593

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67800.00

Current Approval Amount

67800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Prague

Project County Name

LE SUEUR

Project State

MN

Project Zip

56071-4593

CD

MN-02

Jobs Reported

12

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67800.00

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

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

68073.08

Forgiveness Date

08/17/2021

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