PPP Loan information for South bay lounge inc

$192,500

South bay lounge inc was initially approved for PPP Loan of amount $192,500, the current approved amount is $192,500. The loan was approved on 02/08/2021 by The Lake Ridge Bank reported 24 jobs and $192,500 was used to fund payroll.

South bay lounge inc is Existing or more than 2 years old

PPP Loan Search / WI / Monona / South bay lounge inc

SOUTH BAY LOUNGE INC

Date Approved

02/08/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

SOUTH BAY LOUNGE INC

Borrower Address

4512 Gordon Ave

Borrower City

Monona

Borrower State

WI

Borrower Zip

53716-1016

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192500.00

Current Approval Amount

192500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75741

Servicing Lender Name

Lake Ridge Bank

Servicing Lender Address

1205 Main St

Servicing Lender City

CROSS PLAINS

Servicing Lender State

WI

Servicing Lender Zip

53528-9479

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monona

Project County Name

DANE

Project State

WI

Project Zip

53716-1016

CD

WI-02

Jobs Reported

24

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

192496.00

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

75741

Originating Lender

Lake Ridge Bank

Originating Lender City

CROSS PLAINS

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193929.25

Forgiveness Date

11/17/2021

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