Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LG FRANKS2 LLC
Borrower Address
25700 PLYMOUTH RD
Borrower City
redford
Borrower State
MI
Borrower Zip
48239
Loan Status Date
08/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
23750.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
122043
Servicing Lender Name
WebBank
Servicing Lender Address
215 S State St, Ste 1000
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84111-2336
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
WAYNE
Project State
Project Zip
48239-0001
CD
MI-12
Jobs Reported
10
NAICS Code
722310
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
24037.64
Forgiveness Date
07/09/2021