PPP Loan information for Lakeland asphalt corporation

$850,368

Lakeland asphalt corporation was initially approved for PPP Loan of amount $850,368, the current approved amount is $850,368. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 50 jobs and $850,368 was used to fund payroll.

Lakeland asphalt corporation is New Business or 2 years or less

PPP Loan Search / MI / SPRINGFIELD / Lakeland asphalt corporation

LAKELAND ASPHALT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKELAND ASPHALT CORPORATION

Borrower Address

548 AVENUE A

Borrower City

SPRINGFIELD

Borrower State

MI

Borrower Zip

49037

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

850367.50

Current Approval Amount

850367.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SPRINGFIELD

Project County Name

CALHOUN

Project State

MI

Project Zip

49037-0590

CD

MI-04

Jobs Reported

50

NAICS Code

324121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

850367.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

864493.05

Forgiveness Date

12/15/2021

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