Date Approved
04/17/2021
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LUTHER POWERSPORTS LLC
Borrower Address
480 E Linden St
Borrower City
Luther
Borrower State
MI
Borrower Zip
49656-8902
Loan Status Date
08/04/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2995.00
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
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAKE
Project State
Project Zip
CD
MI-02
Jobs Reported
1
NAICS Code
811198
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
2989.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Single Member LLC
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
3031.11
Forgiveness Date
07/08/2022