Date Approved
02/03/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
LAUREL LEA DEVELOPMENT
Borrower Address
13954 State Highway M28
Borrower City
Newberry
Borrower State
MI
Borrower Zip
49868-7971
Loan Status Date
11/18/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
112200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
124185
Servicing Lender Name
Old Mission Bank
Servicing Lender Address
2701 I-75 Business Spur
Servicing Lender City
SAULT SAINTE MARIE
Servicing Lender State
Servicing Lender Zip
49783
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LUCE
Project State
Project Zip
CD
MI-01
Jobs Reported
21
NAICS Code
721110
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
112994.75
Forgiveness Date
10/19/2021