PPP Loan information for Lane car company of flint

$512,497

Lane car company of flint was initially approved for PPP Loan of amount $512,497, the current approved amount is $512,497. The loan was approved on 04/15/2020 by The Oxford Bank reported 70 jobs and $512,497 was used to fund payroll.

Lane car company of flint is Existing or more than 2 years old

PPP Loan Search / MI / FLINT / Lane car company of flint

LANE CAR COMPANY OF FLINT

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LANE CAR COMPANY OF FLINT

Borrower Address

205 S DORTY HWY

Borrower City

FLINT

Borrower State

MI

Borrower Zip

48503-2894

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

512496.87

Current Approval Amount

512496.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLINT

Project County Name

GENESEE

Project State

MI

Project Zip

48503-2894

CD

MI-08

Jobs Reported

70

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

512496.87

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

Subchapter S Corporation

Originating Lender Location Id

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517294.41

Forgiveness Date

03/31/2021

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