PPP Loan information for Lake martin inc.

$318,800

Lake martin inc. was initially approved for PPP Loan of amount $318,800, the current approved amount is $318,800. The loan was approved on 03/31/2021 by The MidSouth Bank reported 62 jobs and $318,800 was used to fund payroll.

Lake martin inc. is Existing or more than 2 years old

LAKE MARTIN INC.

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

318800.00

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

AL

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

Auburn

Project County Name

LEE

Project State

AL

Project Zip

36830-5237

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27

Originating Lender

MidSouth Bank

Originating Lender City

DOTHAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

321864.02

Forgiveness Date

03/15/2022

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