PPP Loan information for Lansing ale, inc.

$154,600

Lansing ale, inc. was initially approved for PPP Loan of amount $154,600, the current approved amount is $154,600. The loan was approved on 04/11/2020 by The Independent Bank reported 49 jobs and $154,600 was used to fund payroll.

Lansing ale, inc. is Existing or more than 2 years old

LANSING ALE, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LANSING ALE, INC.

Borrower Address

110 E. ALLEGAN ST

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48933-1802

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154600.00

Current Approval Amount

154600.00

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

LANSING

Project County Name

INGHAM

Project State

MI

Project Zip

48933-1802

CD

MI-07

Jobs Reported

49

NAICS Code

312120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

154600.00

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

156624.62

Forgiveness Date

08/12/2021

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