Date Approved
02/03/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
LGC GLOBAL INC.
Borrower Address
7310 Woodward Ave
Borrower City
Detroit
Borrower State
MI
Borrower Zip
48202-3165
Loan Status Date
03/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
2000000.00
Current Approval Amount
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
Servicing Lender Zip
49525-9783
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-13
Jobs Reported
247
NAICS Code
238990
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
2019945.21
Forgiveness Date
02/10/2022