PPP Loan information for Lapeer development corporation

$32,082

Lapeer development corporation was initially approved for PPP Loan of amount $32,082, the current approved amount is $32,082. The loan was approved on 04/15/2020 by The ChoiceOne Bank reported 6 jobs and $32,082 was used to fund payroll.

Lapeer development corporation is Existing or more than 2 years old

PPP Loan Search / MI / LAPEER / Lapeer development corporation

LAPEER DEVELOPMENT CORPORATION

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAPEER DEVELOPMENT CORPORATION

Borrower Address

449 MCCORMICK DR

Borrower City

LAPEER

Borrower State

MI

Borrower Zip

48446-2555

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32082.00

Current Approval Amount

32082.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAPEER

Project County Name

LAPEER

Project State

MI

Project Zip

48446-2555

CD

MI-10

Jobs Reported

6

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30096.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1986.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

32307.01

Forgiveness Date

01/07/2021

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