Lyon Gear & Machine Inc.

$1,641,385 PPP Loan in Rochester, Michigan

Loan Details

Loan Number
4279868409
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$1,641,385
Current Approval
$1,641,385
Forgiveness Amount
$1,663,375
Forgiveness Date
Jun 16, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Lyon Gear & Machine Inc.
Address
4371 Territorial Rd
ZIP Code
48306-1665
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336350)
Business Age
Existing or more than 2 years old
Jobs Reported
155
Estimated Revenue
$40.6M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$1,641,381
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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