Date Approved
07/21/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LAKES LOUNGE INC
Borrower Address
390 FRONT ST
Borrower City
LAKE LINDEN
Borrower State
MI
Borrower Zip
49945-1318
Loan Status Date
02/10/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20823.29
Current Approval Amount
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
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
Project County Name
HOUGHTON
Project State
Project Zip
CD
MI-01
Jobs Reported
9
NAICS Code
813410
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
4000.00
Payroll Proceed
16823.29
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
20927.69
Forgiveness Date
01/25/2021