PPP Loan information for Laurel lea development

$112,200

Laurel lea development was initially approved for PPP Loan of amount $112,200, the current approved amount is $112,200. The loan was approved on 02/03/2021 by The Old Mission Bank reported 21 jobs and $112,200 was used to fund payroll.

Laurel lea development is Existing or more than 2 years old

LAUREL LEA DEVELOPMENT

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

112200.00

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

MI

Servicing Lender Zip

49783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newberry

Project County Name

LUCE

Project State

MI

Project Zip

49868-7971

CD

MI-01

Jobs Reported

21

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112200.00

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

Corporation

Originating Lender Location Id

124185

Originating Lender

Old Mission Bank

Originating Lender City

SAULT SAINTE MARIE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112994.75

Forgiveness Date

10/19/2021

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