PPP Loan information for Lm products inc

$61,193

Lm products inc was initially approved for PPP Loan of amount $61,193, the current approved amount is $61,193. The loan was approved on 01/29/2021 by The ChoiceOne Bank reported 7 jobs and $61,193 was used to fund payroll.

Lm products inc is Existing or more than 2 years old

PPP Loan Search / MI / Lapeer / Lm products inc

LM PRODUCTS INC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LM PRODUCTS INC

Borrower Address

255 McCormick Dr

Borrower City

Lapeer

Borrower State

MI

Borrower Zip

48446-2571

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61192.50

Current Approval Amount

61192.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lapeer

Project County Name

LAPEER

Project State

MI

Project Zip

48446-2571

CD

MI-10

Jobs Reported

7

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61189.50

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

Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61963.69

Forgiveness Date

05/12/2022

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