PPP Loan information for Great lakes engineering group, llc

$498,920

Great lakes engineering group, llc was initially approved for PPP Loan of amount $498,920, the current approved amount is $498,920. The loan was approved on 04/07/2020 by The Mercantile Bank reported 24 jobs and $498,920 was used to fund payroll.

Great lakes engineering group, llc is Existing or more than 2 years old

GREAT LAKES ENGINEERING GROUP, LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GREAT LAKES ENGINEERING GROUP, LLC

Borrower Address

934 Clark Street

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48906-5425

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

498920.00

Current Approval Amount

498920.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48906-5425

CD

MI-07

Jobs Reported

24

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16200.00

Payroll Proceed

399136.00

Mortgage Interest Proceed

0.00

Rent Proceed

35304.00

Refinance EIDL Proceed

0.00

Health Care Proceed

48280.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

507176.10

Forgiveness Date

12/09/2021

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