PPP Loan information for Bannasch welding, inc.

$80,000

Bannasch welding, inc. was initially approved for PPP Loan of amount $80,000, the current approved amount is $80,000. The loan was approved on 04/10/2020 by The Lake Trust CU reported 8 jobs and $80,000 was used to fund payroll.

Bannasch welding, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / Bannasch welding, inc.

BANNASCH WELDING, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BANNASCH WELDING, INC.

Borrower Address

807 LAKE LANSING RD

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906-4264

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80000.00

Current Approval Amount

80000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98829

Servicing Lender Name

Lake Trust CU

Servicing Lender Address

4605 S Old US Hwy 23

Servicing Lender City

BRIGHTON

Servicing Lender State

MI

Servicing Lender Zip

48114-7521

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48906-4264

CD

MI-07

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80000.00

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

98829

Originating Lender

Lake Trust CU

Originating Lender City

BRIGHTON

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80824.44

Forgiveness Date

04/21/2021

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