PPP Loan information for Lake insurance agency llc

$30,000

Lake insurance agency llc was initially approved for PPP Loan of amount $30,000, the current approved amount is $30,000. The loan was approved on 03/04/2021 by The First Merchants Bank reported 4 jobs and $30,000 was used to fund payroll.

Lake insurance agency llc is Existing or more than 2 years old

LAKE INSURANCE AGENCY LLC

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKE INSURANCE AGENCY LLC

Borrower Address

7280 N Telegraph Rd

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48162-9328

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30000.00

Current Approval Amount

30000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MONROE

Project State

MI

Project Zip

48162-9328

CD

MI-05

Jobs Reported

4

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

29998.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30198.08

Forgiveness Date

11/08/2021

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