PPP Loan information for Lake design and manufacturing company

$136,012

Lake design and manufacturing company was initially approved for PPP Loan of amount $136,012, the current approved amount is $136,012. The loan was approved on 02/19/2021 by The Mercantile Bank reported 17 jobs and $136,012 was used to fund payroll.

Lake design and manufacturing company is Existing or more than 2 years old

PPP Loan Search / MI / Belding / Lake design and manufacturing company

LAKE DESIGN AND MANUFACTURING COMPANY

Date Approved

02/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAKE DESIGN AND MANUFACTURING COMPANY

Borrower Address

7280 Storey Rd

Borrower City

Belding

Borrower State

MI

Borrower Zip

48809-9360

Loan Status Date

12/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136012.00

Current Approval Amount

136012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belding

Project County Name

IONIA

Project State

MI

Project Zip

48809-9360

CD

MI-02

Jobs Reported

17

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

136011.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136630.58

Forgiveness Date

08/06/2021

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