PPP Loan information for Lerchen enterprises, inc.

$173,800

Lerchen enterprises, inc. was initially approved for PPP Loan of amount $173,800, the current approved amount is $173,800. The loan was approved on 04/16/2020 by The State Savings Bank reported 18 jobs and $173,800 was used to fund payroll.

Lerchen enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MI / EMPIRE / Lerchen enterprises, inc.

LERCHEN ENTERPRISES, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LERCHEN ENTERPRISES, INC.

Borrower Address

11015 Front St

Borrower City

EMPIRE

Borrower State

MI

Borrower Zip

49630-0158

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173800.00

Current Approval Amount

173800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34939

Servicing Lender Name

State Savings Bank

Servicing Lender Address

703 Main St

Servicing Lender City

FRANKFORT

Servicing Lender State

MI

Servicing Lender Zip

49635-9030

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EMPIRE

Project County Name

LEELANAU

Project State

MI

Project Zip

49630-0158

CD

MI-01

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13400.00

Payroll Proceed

130400.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

34939

Originating Lender

State Savings Bank

Originating Lender City

FRANKFORT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174990.41

Forgiveness Date

12/28/2020

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