PPP Loan information for Lugen bros. machine inc

$307,365

Lugen bros. machine inc was initially approved for PPP Loan of amount $307,365, the current approved amount is $307,365. The loan was approved on 02/04/2021 by The Summit CU reported 18 jobs and $307,365 was used to fund payroll.

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

LUGEN BROS. MACHINE INC

Date Approved

02/04/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

LUGEN BROS. MACHINE INC

Borrower Address

1614 Broadway Ave

Borrower City

Sheboygan

Borrower State

WI

Borrower Zip

53081-5728

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

307365.00

Current Approval Amount

307365.00

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

1.00

Payroll Proceed

307362.00

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

309360.77

Forgiveness Date

10/08/2021

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