PPP Loan information for Lmc insurance services

$135,948

Lmc insurance services was initially approved for PPP Loan of amount $135,948, the current approved amount is $135,948. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 14 jobs and $135,948 was used to fund payroll.

Lmc insurance services is New Business or 2 years or less

LMC INSURANCE SERVICES

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LMC INSURANCE SERVICES

Borrower Address

215 PINEY HILL RD

Borrower City

OAKLAND

Borrower State

MI

Borrower Zip

48363-1450

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

135948.00

Current Approval Amount

135948.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OAKLAND

Project County Name

OAKLAND

Project State

MI

Project Zip

48363-1450

CD

MI-09

Jobs Reported

14

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135948.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

136894.05

Forgiveness Date

01/14/2021

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