PPP Loan information for Storm lake investment llc

$50,800

Storm lake investment llc was initially approved for PPP Loan of amount $50,800, the current approved amount is $50,800. The loan was approved on 01/25/2021 by The Cherokee State Bank reported 16 jobs and $50,800 was used to fund payroll.

Storm lake investment llc is Existing or more than 2 years old

STORM LAKE INVESTMENT LLC

Date Approved

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

STORM LAKE INVESTMENT LLC

Borrower Address

101 W Milwaukee Ave

Borrower City

Storm Lake

Borrower State

IA

Borrower Zip

50588-1863

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50800.00

Current Approval Amount

50800.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Storm Lake

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-1863

CD

IA-04

Jobs Reported

16

NAICS Code

721191

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

50800.00

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

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51135.42

Forgiveness Date

09/28/2021

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