PPP Loan information for Lakeside motor sports, inc.

$1,454,852

Lakeside motor sports, inc. was initially approved for PPP Loan of amount $1,454,852, the current approved amount is $1,454,852. The loan was approved on 04/09/2020 by The Lake-Osceola State Bank reported 107 jobs and $1,454,852 was used to fund payroll.

Lakeside motor sports, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MECOSTA / Lakeside motor sports, inc.

LAKESIDE MOTOR SPORTS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKESIDE MOTOR SPORTS, INC.

Borrower Address

10964 90TH AVE

Borrower City

MECOSTA

Borrower State

MI

Borrower Zip

49332-9739

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1454851.85

Current Approval Amount

1454851.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33549

Servicing Lender Name

Lake-Osceola State Bank

Servicing Lender Address

790 Michigan Ave

Servicing Lender City

BALDWIN

Servicing Lender State

MI

Servicing Lender Zip

49304-7126

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECOSTA

Project County Name

MECOSTA

Project State

MI

Project Zip

49332-9739

CD

MI-02

Jobs Reported

107

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1454851.85

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

Corporation

Originating Lender Location Id

33549

Originating Lender

Lake-Osceola State Bank

Originating Lender City

BALDWIN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1454604.60

Forgiveness Date

12/17/2020

;