PPP Loan information for Lormax stern development company llc

$460,700

Lormax stern development company llc was initially approved for PPP Loan of amount $460,700, the current approved amount is $460,700. The loan was approved on 04/09/2020 by The First Merchants Bank reported 31 jobs and $460,700 was used to fund payroll.

Lormax stern development company llc is Existing or more than 2 years old

PPP Loan Search / MI / Bloomfield Hills / Lormax stern development company llc

LORMAX STERN DEVELOPMENT COMPANY LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LORMAX STERN DEVELOPMENT COMPANY LLC

Borrower Address

38500 Woodward Ave Suite 200

Borrower City

Bloomfield Hills

Borrower State

MI

Borrower Zip

48304-5000

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

460700.00

Current Approval Amount

460700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48304-5000

CD

MI-11

Jobs Reported

31

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

460700.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

463287.49

Forgiveness Date

11/03/2020

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