PPP Loan information for Lenway machine company

$49,700

Lenway machine company was initially approved for PPP Loan of amount $49,700, the current approved amount is $49,700. The loan was approved on 02/17/2021 by The Macatawa Bank reported 6 jobs and $49,700 was used to fund payroll.

Lenway machine company is Existing or more than 2 years old

LENWAY MACHINE COMPANY

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LENWAY MACHINE COMPANY

Borrower Address

3165 60th St

Borrower City

Hamilton

Borrower State

MI

Borrower Zip

49419-9657

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49700.00

Current Approval Amount

49700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamilton

Project County Name

ALLEGAN

Project State

MI

Project Zip

49419-9657

CD

MI-04

Jobs Reported

6

NAICS Code

333413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49700.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49877.01

Forgiveness Date

07/12/2021

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