PPP Loan information for Lapeer steel inc.

$260,600

Lapeer steel inc. was initially approved for PPP Loan of amount $260,600, the current approved amount is $260,600. The loan was approved on 02/09/2021 by The ELGA CU reported 9 jobs and $260,600 was used to fund payroll.

Lapeer steel inc. is Existing or more than 2 years old

PPP Loan Search / MI / Metamora / Lapeer steel inc.

LAPEER STEEL INC.

Date Approved

02/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAPEER STEEL INC.

Borrower Address

3765 Diehl Rd

Borrower City

Metamora

Borrower State

MI

Borrower Zip

48455-9734

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260600.00

Current Approval Amount

260600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metamora

Project County Name

LAPEER

Project State

MI

Project Zip

48455-9734

CD

MI-09

Jobs Reported

9

NAICS Code

238120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

260598.00

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

Subchapter S Corporation

Originating Lender Location Id

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262221.51

Forgiveness Date

09/24/2021

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