Date Approved
03/31/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
LAKE MARTIN INC.
Borrower Address
1695 E University Dr
Borrower City
Auburn
Borrower State
AL
Borrower Zip
36830-5237
Loan Status Date
04/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
318800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
27
Servicing Lender Name
MidSouth Bank
Servicing Lender Address
2526 W Main St
Servicing Lender City
DOTHAN
Servicing Lender State
Servicing Lender Zip
36301-1226
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LEE
Project State
Project Zip
CD
AL-03
Jobs Reported
62
NAICS Code
531210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
318798.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
321864.02
Forgiveness Date
03/15/2022