PPP Loan information for Lane auto auction, llc

$492,082

Lane auto auction, llc was initially approved for PPP Loan of amount $492,082, the current approved amount is $492,082. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 102 jobs and $492,082 was used to fund payroll.

Lane auto auction, llc is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT MORRIS / Lane auto auction, llc

LANE AUTO AUCTION, LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LANE AUTO AUCTION, LLC

Borrower Address

3164 W. Coldwater Rd

Borrower City

MOUNT MORRIS

Borrower State

MI

Borrower Zip

48458-9400

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492082.00

Current Approval Amount

492082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT MORRIS

Project County Name

GENESEE

Project State

MI

Project Zip

48458-9400

CD

MI-08

Jobs Reported

102

NAICS Code

423110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

492082.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

495991.69

Forgiveness Date

02/09/2021

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