L.a.c.e., Inc.

$634,165 PPP Loan in Lake Zurich, Illinois

Loan Details

Loan Number
5351467008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$634,165
Current Approval
$634,165
Forgiveness Amount
$639,591
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L.a.c.e., Inc.
Address
295 Sandy Point Lane
ZIP Code
60047-7004
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812112)
Franchise
Great Clips
Business Age
Existing or more than 2 years old
Jobs Reported
116
Estimated Revenue
$22.2M
Rural/Urban
Urban
Congressional District
IL-05

Loan Use Breakdown

Payroll
$475,624
Rent
$79,271
Utilities
$79,271

Lender Information

Servicing Lender
State Bank of the Lakes, National Association
Originating Lender
State Bank of the Lakes, National Association

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