PPP Loan information for Lakes regional healthcare

$3,310,900

Lakes regional healthcare was initially approved for PPP Loan of amount $3,310,900, the current approved amount is $3,310,900. The loan was approved on 04/07/2020 by The Bank Midwest reported 216 jobs and $3,310,900 was used to fund payroll.

Lakes regional healthcare is Existing or more than 2 years old

LAKES REGIONAL HEALTHCARE

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LAKES REGIONAL HEALTHCARE

Borrower Address

2301 HIGHWAY 71

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360-1184

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3310900.00

Current Approval Amount

3310900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

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

51360-1184

CD

IA-04

Jobs Reported

216

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3310900.00

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

Non-Profit Organization

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

3348791.41

Forgiveness Date

06/09/2021

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