Lakestate Industries

$330,400 PPP Loan in Escanaba, Michigan

Loan Details

Loan Number
6231517108
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$330,400
Current Approval
$330,400
Forgiveness Amount
$333,134
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lakestate Industries
Address
1830 N 21st St
ZIP Code
49829-9586
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (624120)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$247,874
Utilities
$27,542
Mortgage Interest
$27,442
Debt Interest
$27,542

Lender Information

Servicing Lender
Upper Peninsula State Bank
Originating Lender
Upper Peninsula State Bank

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