PPP Loan information for L&d adhesives, inc

$88,267

L&d adhesives, inc was initially approved for PPP Loan of amount $88,267, the current approved amount is $88,267. The loan was approved on 04/07/2020 by The Mercantile Bank reported 7 jobs and $88,267 was used to fund payroll.

L&d adhesives, inc is Existing or more than 2 years old

PPP Loan Search / MI / COMSTOCK PARK / L&d adhesives, inc

L&D ADHESIVES, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

L&D ADHESIVES, INC

Borrower Address

5180 WEST RIVER DR NE

Borrower City

COMSTOCK PARK

Borrower State

MI

Borrower Zip

49321-8522

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88267.00

Current Approval Amount

88267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COMSTOCK PARK

Project County Name

KENT

Project State

MI

Project Zip

49321-8522

CD

MI-03

Jobs Reported

7

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2382.15

Payroll Proceed

72588.85

Mortgage Interest Proceed

0.00

Rent Proceed

13296.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88876.41

Forgiveness Date

12/22/2020

;