Date Approved
06/17/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LORRON, INC
Borrower Address
2699 E CHANNEL RD
Borrower City
DRUMMOND ISLAND
Borrower State
MI
Borrower Zip
49726-9629
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
25839.30
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36459
Servicing Lender Name
Central Savings Bank
Servicing Lender Address
511 Bingham Ave
Servicing Lender City
SAULT SAINTE MARIE
Servicing Lender State
Servicing Lender Zip
49783-2101
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MI-01
Jobs Reported
4
NAICS Code
453220
Race
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3566.80
Payroll Proceed
22272.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
25951.99
Forgiveness Date
11/24/2020