PPP Loan information for Lor products, inc

$38,052

Lor products, inc was initially approved for PPP Loan of amount $38,052, the current approved amount is $38,052. The loan was approved on 04/08/2020 by The Mercantile Bank reported 4 jobs and $38,052 was used to fund payroll.

Lor products, inc is Existing or more than 2 years old

PPP Loan Search / MI / REMUS / Lor products, inc

LOR PRODUCTS, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOR PRODUCTS, INC

Borrower Address

2962 16 MILE RD

Borrower City

REMUS

Borrower State

MI

Borrower Zip

49340-9516

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38052.00

Current Approval Amount

38052.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REMUS

Project County Name

MECOSTA

Project State

MI

Project Zip

49340-9516

CD

MI-02

Jobs Reported

4

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1850.00

Payroll Proceed

30442.00

Mortgage Interest Proceed

0.00

Rent Proceed

2800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2960.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

38322.01

Forgiveness Date

12/30/2020

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