Date Approved
01/23/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
WILLIAM & MARK LAGALO
Borrower Address
1108 Columbus Ave
Borrower City
Bay City
Borrower State
MI
Borrower Zip
48708-6644
Loan Status Date
05/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
156026.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
77961
Servicing Lender Name
Independent Bank
Servicing Lender Address
4200 East Beltline Ave NE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49525-9783
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BAY
Project State
Project Zip
CD
MI-08
Jobs Reported
23
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
156021.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
157855.57
Forgiveness Date
04/14/2022