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Lapeer Steel INC

$260,600 PPP Loan in Burton, Michigan

Loan Details

Loan Number
1123208203
Date Approved
Jul 29, 2020
Loan Status
Paid in Full
Initial Approval
$260,600
Current Approval
$260,600
Forgiveness Amount
$262,301
Forgiveness Date
Mar 29, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Lapeer Steel INC
Address
3162 Hemphill Rd
City
Burton
State
Michigan
ZIP Code
48529-1456
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$238,648
Rent
$13,652
Utilities
$6,500
Mortgage Interest
$1,800

Lender Information

Servicing Lender
Elga Cu
Originating Lender
Elga Cu

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