PPP Loan information for Lakes telecom, inc

$17,692

Lakes telecom, inc was initially approved for PPP Loan of amount $17,692, the current approved amount is $17,692. The loan was approved on 04/09/2020 by The Security State Bank of Marine reported 2 jobs and $17,692 was used to fund payroll.

Lakes telecom, inc is Existing or more than 2 years old

LAKES TELECOM, INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKES TELECOM, INC

Borrower Address

15550 WILLAMETTE ST NE

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8489

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17691.65

Current Approval Amount

17691.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38364

Servicing Lender Name

Security State Bank of Marine

Servicing Lender Address

120 Judd St

Servicing Lender City

MARINE ON SAINT CROIX

Servicing Lender State

MN

Servicing Lender Zip

55047-8662

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST LAKE

Project County Name

ANOKA

Project State

MN

Project Zip

55025-8489

CD

MN-06

Jobs Reported

2

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17691.65

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

Subchapter S Corporation

Originating Lender Location Id

38364

Originating Lender

Security State Bank of Marine

Originating Lender City

MARINE ON SAINT CROIX

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17815.98

Forgiveness Date

12/28/2020

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