Date Approved
02/13/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
LAM ENTERPRISES LLC
Borrower Address
784 N Pontiac Trl
Borrower City
Walled Lake
Borrower State
MI
Borrower Zip
48390-3230
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
151774.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
455644
Servicing Lender Name
Live Oak Banking Company
Servicing Lender Address
1741 Tiburon Dr
Servicing Lender City
WILMINGTON
Servicing Lender State
NC
Servicing Lender Zip
28403-6244
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
11
NAICS Code
811111
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
151773.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
152780.28
Forgiveness Date
10/26/2021