PPP Loan information for Lgc global inc.

$2,000,000

Lgc global inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/03/2021 by The Independent Bank reported 247 jobs and $2,000,000 was used to fund payroll.

Lgc global inc. is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Lgc global inc.

LGC GLOBAL INC.

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LGC GLOBAL INC.

Borrower Address

7310 Woodward Ave

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48202-3165

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48202-3165

CD

MI-13

Jobs Reported

247

NAICS Code

238990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

2019945.21

Forgiveness Date

02/10/2022

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