Lake State Inc.
$48,028 PPP Loan in Duluth, Minnesota
Loan Details
- Loan Number
- 9747587101
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $48,028
- Current Approval
- $48,028
- Forgiveness Amount
- $48,346
- Forgiveness Date
- Dec 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lake State Inc.
- Address
- 5497 Miller Trunk Hwy
- City
- Duluth
- State
- Minnesota
- ZIP Code
- 55811
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (811111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $36,021
- Utilities
- $4,803
- Mortgage Interest
- $7,204
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Duluth, MN
| Business | Approved | |
|---|---|---|
| Lw Survey Co | $5,312,782 | |
| Kivi Bros. Trucking, Inc. | $4,299,675 | |
| Lhb, INC | $4,115,500 | |
| Human Development Center | $2,795,900 | |
| Wescom, INC | $2,660,800 |
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