PPP Loan information for Lakes lounge inc

$20,823

Lakes lounge inc was initially approved for PPP Loan of amount $20,823, the current approved amount is $20,823. The loan was approved on 01/16/2021 by The Superior National Bank reported 9 jobs and $20,823 was used to fund payroll.

Lakes lounge inc is Existing or more than 2 years old

PPP Loan Search / MI / Lake Linden / Lakes lounge inc

LAKES LOUNGE INC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAKES LOUNGE INC

Borrower Address

390 Front St

Borrower City

Lake Linden

Borrower State

MI

Borrower Zip

49945-1318

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20822.50

Current Approval Amount

20822.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lake Linden

Project County Name

HOUGHTON

Project State

MI

Project Zip

49945-1318

CD

MI-01

Jobs Reported

9

NAICS Code

813410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20819.50

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

Non-Profit Organization

Originating Lender Location Id

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

20908.64

Forgiveness Date

06/23/2021

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