PPP Loan information for Lakes region development inc.

$119,400

Lakes region development inc. was initially approved for PPP Loan of amount $119,400, the current approved amount is $119,400. The loan was approved on 04/15/2020 by The Merrimack County Savings Bank reported 10 jobs and $119,400 was used to fund payroll.

Lakes region development inc. is Existing or more than 2 years old

PPP Loan Search / NH / CONCORD / Lakes region development inc.

LAKES REGION DEVELOPMENT INC.

Date Approved

04/15/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

LAKES REGION DEVELOPMENT INC.

Borrower Address

210 N. STATE ST

Borrower City

CONCORD

Borrower State

NH

Borrower Zip

03301-3266

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119400.00

Current Approval Amount

119400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42989

Servicing Lender Name

Merrimack County Savings Bank

Servicing Lender Address

89 N Main St

Servicing Lender City

CONCORD

Servicing Lender State

NH

Servicing Lender Zip

03301-4935

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

MERRIMACK

Project State

NH

Project Zip

03301-3266

CD

NH-02

Jobs Reported

10

NAICS Code

236116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119400.00

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

Corporation

Originating Lender Location Id

42989

Originating Lender

Merrimack County Savings Bank

Originating Lender City

CONCORD

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120453.34

Forgiveness Date

03/09/2021

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