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 04/04/2020 by The MidSouth Bank reported 72 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

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAKE MARTIN, INC.

Borrower Address

1695 E University Dr

Borrower City

AUBURN

Borrower State

AL

Borrower Zip

36830-5237

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

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

72

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

318800.00

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

322599.03

Forgiveness Date

06/17/2021

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