PPP Loan information for Lmg i, inc

$236,856

Lmg i, inc was initially approved for PPP Loan of amount $236,856, the current approved amount is $236,856. The loan was approved on 04/08/2020 by The Mercantile Bank reported 21 jobs and $236,856 was used to fund payroll.

Lmg i, inc is Existing or more than 2 years old

PPP Loan Search / MI / WILLIAMSTON / Lmg i, inc

LMG I, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LMG I, INC

Borrower Address

998 CHERRY VALLE LN

Borrower City

WILLIAMSTON

Borrower State

MI

Borrower Zip

48895-9076

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236856.00

Current Approval Amount

236856.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSTON

Project County Name

INGHAM

Project State

MI

Project Zip

48895-9076

CD

MI-07

Jobs Reported

21

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

236856.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238225.22

Forgiveness Date

11/12/2020

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