PPP Loan information for Great lakes business systems, inc.

$48,800

Great lakes business systems, inc. was initially approved for PPP Loan of amount $50,200, the current approved amount is $48,800. The loan was approved on 04/08/2020 by The State Savings Bank reported 5 jobs and $48,800 was used to fund payroll.

Great lakes business systems, inc. is Existing or more than 2 years old

GREAT LAKES BUSINESS SYSTEMS, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GREAT LAKES BUSINESS SYSTEMS, INC.

Borrower Address

903 Woodmere Ave.

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-4244

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50200.00

Current Approval Amount

48800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-4244

CD

MI-01

Jobs Reported

5

NAICS Code

532420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49202.43

Forgiveness Date

02/09/2021

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