PPP Loan information for South lanes

$63,131

South lanes was initially approved for PPP Loan of amount $63,131, the current approved amount is $63,131. The loan was approved on 04/28/2020 by The Southern Michigan Bank & Trust reported 19 jobs and $63,131 was used to fund payroll.

South lanes is Existing or more than 2 years old

SOUTH LANES

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTH LANES

Borrower Address

1147 West Broadway

Borrower City

THREE RIVERS

Borrower State

MI

Borrower Zip

49093-9362

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63131.00

Current Approval Amount

63131.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THREE RIVERS

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49093-9362

CD

MI-05

Jobs Reported

19

NAICS Code

713950

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63131.00

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

Sole Proprietorship

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63598.00

Forgiveness Date

02/03/2021

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