PPP Loan information for Lounsbury excavating, inc.

$878,375

Lounsbury excavating, inc. was initially approved for PPP Loan of amount $878,375, the current approved amount is $878,375. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 63 jobs and $878,375 was used to fund payroll.

Lounsbury excavating, inc. is New Business or 2 years or less

LOUNSBURY EXCAVATING, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOUNSBURY EXCAVATING, INC.

Borrower Address

32673 E RED ARROW HWY

Borrower City

PAW PAW

Borrower State

MI

Borrower Zip

49079

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

878375.00

Current Approval Amount

878375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PAW PAW

Project County Name

VAN BUREN

Project State

MI

Project Zip

49079-0001

CD

MI-04

Jobs Reported

63

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

878375.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

885597.19

Forgiveness Date

02/17/2021

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