PPP Loan information for Lako tool and manufacturing

$476,250

Lako tool and manufacturing was initially approved for PPP Loan of amount $476,200, the current approved amount is $476,250. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 30 jobs and $476,250 was used to fund payroll.

Lako tool and manufacturing is Existing or more than 2 years old

LAKO TOOL AND MANUFACTURING

Date Approved

04/11/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAKO TOOL AND MANUFACTURING

Borrower Address

7400 Ponderosa Rd

Borrower City

PERRYSBURG

Borrower State

OH

Borrower Zip

43551-4857

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

476200.00

Current Approval Amount

476250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERRYSBURG

Project County Name

WOOD

Project State

OH

Project Zip

43551-4857

CD

OH-09

Jobs Reported

30

NAICS Code

333993

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

476250.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480908.12

Forgiveness Date

04/14/2021

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