PPP Loan information for Lavanway sign co., inc

$174,519

Lavanway sign co., inc was initially approved for PPP Loan of amount $174,519, the current approved amount is $174,519. The loan was approved on 04/29/2020 by The Credit Union One reported 14 jobs and $174,519 was used to fund payroll.

Lavanway sign co., inc is Existing or more than 2 years old

LAVANWAY SIGN CO., INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAVANWAY SIGN CO., INC

Borrower Address

22124 Telegraph

Borrower City

SOUTHFIELD

Borrower State

MI

Borrower Zip

48033-4213

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174519.37

Current Approval Amount

174519.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTHFIELD

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-4213

CD

MI-12

Jobs Reported

14

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1739.00

Payroll Proceed

155623.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1157

Business Type

Corporation

Originating Lender Location Id

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

175374.86

Forgiveness Date

11/03/2020

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