1 MAIN LAKE PLACID, INC. (NY) - 2020 PPP Loan Borrower Profile (# 7194027108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1 MAIN LAKE PLACID, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

7194027108

SBA Office Code

0248

Processing Method

PPP

Curent Loan Amount

$65,071

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$65,653.96

Date Loan was Forgiven

Mar 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

65,071

Lender

Community Bank, National Association

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

LAKE PLACID, NY

Project Location

LAKE PLACID, NY

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.