PPP Loan information for Laurel lake retirement community

$1,842,800

Laurel lake retirement community was initially approved for PPP Loan of amount $1,842,800, the current approved amount is $1,842,800. The loan was approved on 04/14/2020 by The Citizens Bank, National Association reported 316 jobs and $1,842,800 was used to fund payroll.

Laurel lake retirement community is Existing or more than 2 years old

LAUREL LAKE RETIREMENT COMMUNITY

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAUREL LAKE RETIREMENT COMMUNITY

Borrower Address

200 Laurel Lake Drive

Borrower City

Hudson

Borrower State

OH

Borrower Zip

44236

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1842800.00

Current Approval Amount

1842800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hudson

Project County Name

SUMMIT

Project State

OH

Project Zip

44236-0001

CD

OH-13

Jobs Reported

316

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1842800.00

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

Non-Profit Organization

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1860016.30

Forgiveness Date

03/31/2021

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