PPP Loan information for Lawn boys inc

$195,000

Lawn boys inc was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 04/14/2020 by The Sturgis Bank & Trust Company reported 30 jobs and $195,000 was used to fund payroll.

Lawn boys inc is Existing or more than 2 years old

LAWN BOYS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAWN BOYS INC

Borrower Address

62511 M 43

Borrower City

BANGOR

Borrower State

MI

Borrower Zip

49013-9480

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BANGOR

Project County Name

VAN BUREN

Project State

MI

Project Zip

49013-9480

CD

MI-04

Jobs Reported

30

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

159200.00

Mortgage Interest Proceed

1800.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

25000

Business Type

Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196025.75

Forgiveness Date

11/03/2020

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