PPP Loan information for Lansing sanitary supply, inc

$645,082

Lansing sanitary supply, inc was initially approved for PPP Loan of amount $645,082, the current approved amount is $645,082. The loan was approved on 04/08/2020 by The Mercantile Bank reported 51 jobs and $645,082 was used to fund payroll.

Lansing sanitary supply, inc is Existing or more than 2 years old

PPP Loan Search / MI / LANSING / Lansing sanitary supply, inc

LANSING SANITARY SUPPLY, INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LANSING SANITARY SUPPLY, INC

Borrower Address

1445 S. Washington Ave

Borrower City

LANSING

Borrower State

MI

Borrower Zip

48910-1654

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

645082.00

Current Approval Amount

645082.00

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

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

48910-1654

CD

MI-07

Jobs Reported

51

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19038.43

Payroll Proceed

538328.15

Mortgage Interest Proceed

0.00

Rent Proceed

71729.17

Refinance EIDL Proceed

0.00

Health Care Proceed

15986.25

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

649341.31

Forgiveness Date

12/14/2020

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