PPP Loan information for Lutz roofing company inc.

$2,000,000

Lutz roofing company inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The First State Bank reported 197 jobs and $2,000,000 was used to fund payroll.

Lutz roofing company inc. is Existing or more than 2 years old

LUTZ ROOFING COMPANY INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LUTZ ROOFING COMPANY INC.

Borrower Address

4721 22 Mile Rd

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48317-1515

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48317-1515

CD

MI-10

Jobs Reported

197

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2012712.33

Forgiveness Date

10/04/2021

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