PPP Loan information for Lac vieux desert public enterprise and finance commission

$2,000,000

Lac vieux desert public enterprise and finance commission was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/01/2021 by The Devon Bank reported 225 jobs and $2,000,000 was used to fund payroll.

Lac vieux desert public enterprise and finance commission is Existing or more than 2 years old

PPP Loan Search / MI / Watersmeet / Lac vieux desert public enterprise and finance commission

LAC VIEUX DESERT PUBLIC ENTERPRISE AND FINANCE COMMISSION

Date Approved

02/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAC VIEUX DESERT PUBLIC ENTERPRISE AND FINANCE COMMISSION

Borrower Address

N5384 US Hwy 45

Borrower City

Watersmeet

Borrower State

MI

Borrower Zip

49969

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20543

Servicing Lender Name

Devon Bank

Servicing Lender Address

6445 N Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60645-5590

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watersmeet

Project County Name

GOGEBIC

Project State

MI

Project Zip

49969

CD

MI-01

Jobs Reported

225

NAICS Code

721120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999999.00

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

20543

Originating Lender

Devon Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2012000.00

Forgiveness Date

09/16/2021

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