PPP Loan information for Lakes trading company

$36,380

Lakes trading company was initially approved for PPP Loan of amount $36,380, the current approved amount is $36,380. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 6 jobs and $36,380 was used to fund payroll.

Lakes trading company is New Business or 2 years or less

PPP Loan Search / MN / FOREST LAKE / Lakes trading company

LAKES TRADING COMPANY

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAKES TRADING COMPANY

Borrower Address

708 LAKE ST S

Borrower City

FOREST LAKE

Borrower State

MN

Borrower Zip

55025

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36380.00

Current Approval Amount

36380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

FOREST LAKE

Project County Name

WASHINGTON

Project State

MN

Project Zip

55025-0001

CD

MN-08

Jobs Reported

6

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36380.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

36798.37

Forgiveness Date

06/24/2021

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