PPP Loan information for Laurel lea development

$62,500

Laurel lea development was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 04/14/2020 by The Old Mission Bank reported 21 jobs and $62,500 was used to fund payroll.

Laurel lea development is Existing or more than 2 years old

PPP Loan Search / MI / NEWBERRY / Laurel lea development

LAUREL LEA DEVELOPMENT

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAUREL LEA DEVELOPMENT

Borrower Address

13954 State Highway M28

Borrower City

NEWBERRY

Borrower State

MI

Borrower Zip

49868-7971

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

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

7812.50

Payroll Proceed

46875.00

Mortgage Interest Proceed

7812.50

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

62852.43

Forgiveness Date

11/05/2020

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