PPP Loan information for Lugen bros. machine, inc.

$288,500

Lugen bros. machine, inc. was initially approved for PPP Loan of amount $288,500, the current approved amount is $288,500. The loan was approved on 04/10/2020 by The Summit CU reported 18 jobs and $288,500 was used to fund payroll.

Lugen bros. machine, inc. is Existing or more than 2 years old

LUGEN BROS. MACHINE, INC.

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LUGEN BROS. MACHINE, INC.

Borrower Address

1614 BROADWAY AVE

Borrower City

SHEBOYGAN

Borrower State

WI

Borrower Zip

53081-5728

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288500.00

Current Approval Amount

288500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHEBOYGAN

Project County Name

SHEBOYGAN

Project State

WI

Project Zip

53081-5728

CD

WI-06

Jobs Reported

18

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288500.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

290104.53

Forgiveness Date

11/19/2020

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