PPP Loan information for Lgc global, inc.

$2,601,825

Lgc global, inc. was initially approved for PPP Loan of amount $2,601,825, the current approved amount is $2,601,825. The loan was approved on 04/14/2020 by The Independent Bank reported 140 jobs and $2,601,825 was used to fund payroll.

Lgc global, inc. is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Lgc global, inc.

LGC GLOBAL, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LGC GLOBAL, INC.

Borrower Address

7310 WOODWARD AVE

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48202-3165

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2601825.00

Current Approval Amount

2601825.00

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

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48202-3165

CD

MI-13

Jobs Reported

140

NAICS Code

238990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2601825.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2631336.11

Forgiveness Date

06/09/2021

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