Lake Contracting, INC
$353,490 PPP Loan in Somerville, Massachusetts
Loan Details
- Loan Number
- 3560327303
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $353,490
- Current Approval
- $301,400
- Forgiveness Amount
- $304,565
- Forgiveness Date
- May 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lake Contracting, INC
- Address
- 5 Middlesex Ave
- City
- Somerville
- State
- Massachusetts
- ZIP Code
- 02145-1102
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 11
- Estimated Revenue
- $12.5M
- Rural/Urban
- Urban
- Congressional District
- MA-07
Loan Use Breakdown
- Payroll
- $301,400
Lender Information
- Servicing Lender
- Salem Five Cents Savings Bank
- Originating Lender
- Salem Five Cents Savings Bank
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