PPP Loan information for Great lakes central railroad

$593,057

Great lakes central railroad was initially approved for PPP Loan of amount $593,057, the current approved amount is $593,057. The loan was approved on 04/15/2020 by The Independent Bank reported 50 jobs and $593,057 was used to fund payroll.

Great lakes central railroad is Existing or more than 2 years old

GREAT LAKES CENTRAL RAILROAD

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GREAT LAKES CENTRAL RAILROAD

Borrower Address

600 OAKWOOD AVE

Borrower City

OWOSSO

Borrower State

MI

Borrower Zip

48867-3750

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

593057.00

Current Approval Amount

593057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWOSSO

Project County Name

SHIAWASSEE

Project State

MI

Project Zip

48867-3750

CD

MI-04

Jobs Reported

50

NAICS Code

482112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

593057.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

597281.52

Forgiveness Date

01/08/2021

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