PPP Loan information for Lake state railway co

$1,667,100

Lake state railway co was initially approved for PPP Loan of amount $1,667,100, the current approved amount is $1,667,100. The loan was approved on 04/11/2020 by The PNC Bank, National Association reported 112 jobs and $1,667,100 was used to fund payroll.

Lake state railway co is Existing or more than 2 years old

PPP Loan Search / MI / SAGINAW / Lake state railway co

LAKE STATE RAILWAY CO

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKE STATE RAILWAY CO

Borrower Address

750 N WASHINGTON AVE

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48607-1374

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1667100.00

Current Approval Amount

1667100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48607-1374

CD

MI-08

Jobs Reported

112

NAICS Code

482111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1667100.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1678214.00

Forgiveness Date

12/09/2020

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