PPP Loan information for Lakes inn, llc

$38,400

Lakes inn, llc was initially approved for PPP Loan of amount $38,400, the current approved amount is $38,400. The loan was approved on 01/16/2021 by The VisionBank reported 11 jobs and $38,400 was used to fund payroll.

Lakes inn, llc is Existing or more than 2 years old

LAKES INN, LLC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKES INN, LLC

Borrower Address

48153 US Highway 59

Borrower City

Pelican Rapids

Borrower State

MN

Borrower Zip

56572-7287

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38400.00

Current Approval Amount

38400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

435423

Servicing Lender Name

VisionBank

Servicing Lender Address

3059 Joppa Ave South

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-4458

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelican Rapids

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56572-7287

CD

MN-07

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

38397.00

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

435423

Originating Lender

VisionBank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38621.87

Forgiveness Date

08/18/2021

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