PPP Loan information for Kruse & muer lake orion inc

$233,480

Kruse & muer lake orion inc was initially approved for PPP Loan of amount $233,480, the current approved amount is $233,480. The loan was approved on 04/30/2020 by The Chelsea State Bank reported 39 jobs and $233,480 was used to fund payroll.

Kruse & muer lake orion inc is New Business or 2 years or less

KRUSE & MUER LAKE ORION INC

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KRUSE & MUER LAKE ORION INC

Borrower Address

801 S LAPEER RD

Borrower City

LAKE ORION

Borrower State

MI

Borrower Zip

48362-2925

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233480.00

Current Approval Amount

233480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAKE ORION

Project County Name

OAKLAND

Project State

MI

Project Zip

48362-2925

CD

MI-09

Jobs Reported

39

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

233480.00

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

Subchapter S Corporation

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

234919.26

Forgiveness Date

12/21/2020

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