PPP Loan information for Lakewood machine products co

$529,935

Lakewood machine products co was initially approved for PPP Loan of amount $529,935, the current approved amount is $529,935. The loan was approved on 04/06/2020 by The First Merchants Bank reported 42 jobs and $529,935 was used to fund payroll.

Lakewood machine products co is Existing or more than 2 years old

PPP Loan Search / MI / CARLETON / Lakewood machine products co

LAKEWOOD MACHINE PRODUCTS CO

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKEWOOD MACHINE PRODUCTS CO

Borrower Address

12429 MAXWELL RD

Borrower City

CARLETON

Borrower State

MI

Borrower Zip

48117-8800

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529935.00

Current Approval Amount

529935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLETON

Project County Name

MONROE

Project State

MI

Project Zip

48117-8800

CD

MI-05

Jobs Reported

42

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

529935.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

532867.79

Forgiveness Date

11/03/2020

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