PPP Loan information for Lahti fabrication, inc.

$241,100

Lahti fabrication, inc. was initially approved for PPP Loan of amount $241,100, the current approved amount is $241,100. The loan was approved on 04/05/2020 by The Isabella Bank reported 24 jobs and $241,100 was used to fund payroll.

Lahti fabrication, inc. is Existing or more than 2 years old

LAHTI FABRICATION, INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAHTI FABRICATION, INC.

Borrower Address

651 Columbus Dr.

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-8704

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

241100.00

Current Approval Amount

241100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BRANCH

Project County Name

OGEMAW

Project State

MI

Project Zip

48661-8704

CD

MI-01

Jobs Reported

24

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24000.00

Payroll Proceed

165200.00

Mortgage Interest Proceed

0.00

Rent Proceed

24400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22500.00

Debt Interest Proceed

5000

Business Type

Subchapter S Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

243312.84

Forgiveness Date

03/11/2021

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