Lakes Communities, Inc.
$550,800 PPP Loan in Lakefield, Minnesota
Loan Details
- Loan Number
- 6782037004
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $550,800
- Current Approval
- $633,000
- Forgiveness Amount
- $639,399
- Forgiveness Date
- Apr 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lakes Communities, Inc.
- Address
- 403 Colonial Ave
- City
- Lakefield
- State
- Minnesota
- ZIP Code
- 56150-9573
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Health Care and Social Assistance (623311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 75
- Estimated Revenue
- $12.8M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $509,678
- Rent
- $11,000
- Utilities
- $32,379
- Mortgage Interest
- $79,943
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
Other PPP Loans in Lakefield, MN
| Business | Approved | |
|---|---|---|
| Hussong Manufacturing Co INC | $1,305,800 |  AI Deep Dive |
| Extended Ag Services, Inc. | $200,600 | AI Deep Dive |
| Extended Ag Services Inc. | $194,000 | AI Deep Dive |
| Jackson County Developmental Achievement Center | $162,500 | AI Deep Dive |
| Keith W Buresch | $103,180 | AI Deep Dive |
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