PPP Loan information for Lawn logic inc

$401,300

Lawn logic inc was initially approved for PPP Loan of amount $401,300, the current approved amount is $401,300. The loan was approved on 04/08/2020 by The Charlevoix State Bank reported 39 jobs and $401,300 was used to fund payroll.

Lawn logic inc is Existing or more than 2 years old

LAWN LOGIC INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAWN LOGIC INC

Borrower Address

06247 US HIGHWAY 31

Borrower City

CHARLEVOIX

Borrower State

MI

Borrower Zip

49720-8916

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401300.00

Current Approval Amount

401300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119163

Servicing Lender Name

Charlevoix State Bank

Servicing Lender Address

111 State St

Servicing Lender City

CHARLEVOIX

Servicing Lender State

MI

Servicing Lender Zip

49720-1342

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLEVOIX

Project County Name

CHARLEVOIX

Project State

MI

Project Zip

49720-8916

CD

MI-01

Jobs Reported

39

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

356800.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8500.00

Debt Interest Proceed

24000

Business Type

Subchapter S Corporation

Originating Lender Location Id

119163

Originating Lender

Charlevoix State Bank

Originating Lender City

CHARLEVOIX

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

405680.86

Forgiveness Date

05/13/2021

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