PPP Loan information for Loudon management co.

$185,000

Loudon management co. was initially approved for PPP Loan of amount $189,500, the current approved amount is $185,000. The loan was approved on 06/19/2020 by The Newtek Small Business Finance, Inc. reported 24 jobs and $185,000 was used to fund payroll.

Loudon management co. is Existing or more than 2 years old

PPP Loan Search / MI / MILLINGTON / Loudon management co.

LOUDON MANAGEMENT CO.

Date Approved

06/19/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOUDON MANAGEMENT CO.

Borrower Address

ELLIS RD 8208 Ellis Rd

Borrower City

MILLINGTON

Borrower State

MI

Borrower Zip

48746-9111

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189500.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLINGTON

Project County Name

TUSCOLA

Project State

MI

Project Zip

48746-9111

CD

MI-05

Jobs Reported

24

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155018.88

Forgiveness Date

01/25/2022

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