PPP Loan information for Ls - imlay inc

$458,499

Ls - imlay inc was initially approved for PPP Loan of amount $458,499, the current approved amount is $458,499. The loan was approved on 02/06/2021 by The Commercial Bank reported 154 jobs and $458,499 was used to fund payroll.

Ls - imlay inc is Existing or more than 2 years old

LS - IMLAY INC

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LS - IMLAY INC

Borrower Address

2000 S Cedar St

Borrower City

Imlay City

Borrower State

MI

Borrower Zip

48444-9606

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

458499.09

Current Approval Amount

458499.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Imlay City

Project County Name

LAPEER

Project State

MI

Project Zip

48444-9606

CD

MI-09

Jobs Reported

154

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

458497.09

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

Subchapter S Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

462895.66

Forgiveness Date

01/31/2022

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