PPP Loan information for Lansing forge inc

$358,400

Lansing forge inc was initially approved for PPP Loan of amount $358,400, the current approved amount is $358,400. The loan was approved on 04/16/2020 by The Capitol National Bank reported 32 jobs and $358,400 was used to fund payroll.

Lansing forge inc is Existing or more than 2 years old

LANSING FORGE INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LANSING FORGE INC

Borrower Address

5232 AURELIUS RD

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48911-4114

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358400.00

Current Approval Amount

358400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

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

48911-4114

CD

MI-07

Jobs Reported

32

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

358400.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

337283.41

Forgiveness Date

11/10/2020

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