PPP Loan information for Ler holdings inc.

$18,485

Ler holdings inc. was initially approved for PPP Loan of amount $18,485, the current approved amount is $18,485. The loan was approved on 04/13/2020 by The Independent Bank reported 2 jobs and $18,485 was used to fund payroll.

Ler holdings inc. is Existing or more than 2 years old

LER HOLDINGS INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LER HOLDINGS INC.

Borrower Address

851 N STATE RD

Borrower City

BELDING

Borrower State

MI

Borrower Zip

48809-1033

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18485.00

Current Approval Amount

18485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELDING

Project County Name

IONIA

Project State

MI

Project Zip

48809-1033

CD

MI-02

Jobs Reported

2

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18485.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18634.91

Forgiveness Date

02/11/2021

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