PPP Loan information for Lake design manufacturing and company

$136,012

Lake design manufacturing and company was initially approved for PPP Loan of amount $136,012, the current approved amount is $136,012. The loan was approved on 04/07/2020 by The Mercantile Bank reported 17 jobs and $136,012 was used to fund payroll.

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

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

LAKE DESIGN MANUFACTURING AND COMPANY

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKE DESIGN MANUFACTURING AND COMPANY

Borrower Address

7280 Storey Road

Borrower City

BELDING

Borrower State

MI

Borrower Zip

48809-9360

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

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

136012.00

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

137640.42

Forgiveness Date

06/28/2021

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