Date Approved
04/29/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LAVANWAY SIGN CO., INC
Borrower Address
22124 Telegraph
Borrower City
SOUTHFIELD
Borrower State
MI
Borrower Zip
48033-4213
Loan Status Date
12/15/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
174519.37
Current Approval Amount
174519.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98922
Servicing Lender Name
Credit Union One
Servicing Lender Address
400 E 9 Mile Rd
Servicing Lender City
FERNDALE
Servicing Lender State
Servicing Lender Zip
48220-1774
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-12
Jobs Reported
14
NAICS Code
238990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1739.00
Payroll Proceed
155623.00
Mortgage Interest Proceed
Rent Proceed
16000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
1157
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
175374.86
Forgiveness Date
11/03/2020