PPP Loan information for Lakes logistics, inc.

$181,540

Lakes logistics, inc. was initially approved for PPP Loan of amount $181,540, the current approved amount is $181,540. The loan was approved on 04/09/2020 by The The State Bank reported 28 jobs and $181,540 was used to fund payroll.

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

LAKES LOGISTICS, INC.

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LAKES LOGISTICS, INC.

Borrower Address

1106 29TH ST

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360-7193

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181540.00

Current Approval Amount

181540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25496

Servicing Lender Name

The State Bank

Servicing Lender Address

1902 Hill Ave

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1212

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPIRIT LAKE

Project County Name

DICKINSON

Project State

IA

Project Zip

51360-7193

CD

IA-04

Jobs Reported

28

NAICS Code

484121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1540.00

Payroll Proceed

178000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25496

Originating Lender

The State Bank

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

183449.90

Forgiveness Date

05/06/2021

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