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
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
Servicing Lender Zip
48118-1435
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-09
Jobs Reported
39
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
234919.26
Forgiveness Date
12/21/2020