Lakes Logistics, Inc.

$181,540 PPP Loan in Spirit Lake, Iowa

Loan Details

Loan Number
9865917007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$181,540
Current Approval
$181,540
Forgiveness Amount
$183,450
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lakes Logistics, Inc.
Address
1106 29th St
State
Iowa
ZIP Code
51360-7193
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$5.6M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$178,000
Rent
$2,000
Utilities
$1,540

Lender Information

Servicing Lender
The State Bank
Originating Lender
The State Bank

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