PPP Loan information for Lakes towing transport and recovery, inc.

$39,525

Lakes towing transport and recovery, inc. was initially approved for PPP Loan of amount $39,525, the current approved amount is $39,525. The loan was approved on 04/09/2020 by The First State Bank of Wyoming reported 5 jobs and $39,525 was used to fund payroll.

Lakes towing transport and recovery, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FOREST LAKE / Lakes towing transport and recovery, inc.

LAKES TOWING TRANSPORT AND RECOVERY, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKES TOWING TRANSPORT AND RECOVERY, INC.

Borrower Address

15131 Feller Street

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025-8498

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39525.00

Current Approval Amount

39525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39065

Servicing Lender Name

First State Bank of Wyoming

Servicing Lender Address

26741 Felton Ave

Servicing Lender City

WYOMING

Servicing Lender State

MN

Servicing Lender Zip

55092-8426

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

55025-8498

CD

MN-06

Jobs Reported

5

NAICS Code

485991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1890.00

Payroll Proceed

31620.00

Mortgage Interest Proceed

4815.00

Rent Proceed

1200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39065

Originating Lender

First State Bank of Wyoming

Originating Lender City

WYOMING

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39785.21

Forgiveness Date

12/08/2020

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