PPP Loan information for Livonia magnetics, co., inc.

$204,075

Livonia magnetics, co., inc. was initially approved for PPP Loan of amount $204,075, the current approved amount is $204,075. The loan was approved on 04/28/2020 by The Chelsea State Bank reported 21 jobs and $204,075 was used to fund payroll.

Livonia magnetics, co., inc. is Existing or more than 2 years old

PPP Loan Search / MI / LIVONIA / Livonia magnetics, co., inc.

LIVONIA MAGNETICS, CO., INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LIVONIA MAGNETICS, CO., INC.

Borrower Address

35687 INDUSTRIAL RD

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48150-1233

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204075.00

Current Approval Amount

204075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIVONIA

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1233

CD

MI-12

Jobs Reported

21

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

204075.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206512.72

Forgiveness Date

07/15/2021

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