Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LUDINGTON BEVERAGE CO., INC.
Borrower Address
816 N WASHINGTON AVE
Borrower City
LUDINGTON
Borrower State
MI
Borrower Zip
49431-1541
Loan Status Date
12/04/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
442665.82
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
33549
Servicing Lender Name
Lake-Osceola State Bank
Servicing Lender Address
790 Michigan Ave
Servicing Lender City
BALDWIN
Servicing Lender State
Servicing Lender Zip
49304-7126
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MASON
Project State
Project Zip
CD
MI-02
Jobs Reported
35
NAICS Code
424810
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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
Veteran
Non Profit
Forgiveness Amount
445161.96
Forgiveness Date
11/03/2020