Date Approved
04/15/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LANCE INDUSTRIES, INC.
Borrower Address
1260 KEMPAR AVE
Borrower City
MADISON HEIGHTS
Borrower State
MI
Borrower Zip
48071
Loan Status Date
07/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
212855.00
Current Approval Amount
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
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
OAKLAND
Project State
Project Zip
48071-0001
CD
MI-11
Jobs Reported
11
NAICS Code
336111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
215237.79
Forgiveness Date
06/04/2021