PPP Loan information for Lakes area food service llc

$52,319

Lakes area food service llc was initially approved for PPP Loan of amount $52,319, the current approved amount is $52,319. The loan was approved on 02/07/2021 by The Gate City Bank reported 10 jobs and $52,319 was used to fund payroll.

Lakes area food service llc is Existing or more than 2 years old

LAKES AREA FOOD SERVICE LLC

Date Approved

02/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LAKES AREA FOOD SERVICE LLC

Borrower Address

1518 Broadway St

Borrower City

Alexandria

Borrower State

MN

Borrower Zip

56308-2538

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52318.66

Current Approval Amount

52318.66

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77898

Servicing Lender Name

Gate City Bank

Servicing Lender Address

500 2nd Ave N

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58102-4864

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-2538

CD

MN-07

Jobs Reported

10

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52315.66

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

77898

Originating Lender

Gate City Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52686.34

Forgiveness Date

10/20/2021

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