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Lomar Machine & Tool Co.

$1,990,292 PPP Loan in Horton, Michigan

Loan Details

Loan Number
1822628308
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$1,990,292
Current Approval
$1,990,292
Forgiveness Amount
$2,001,073
Forgiveness Date
Aug 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lomar Machine & Tool Co.
Address
135 Main St
City
Horton
State
Michigan
ZIP Code
49246-9540
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
108
Estimated Revenue
$28.3M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,990,289
Utilities
$1

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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