Lahti Fabrication, Inc.
$241,100 PPP Loan in West Branch, Michigan
Loan Details
- Loan Number
- 5164817000
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $241,100
- Current Approval
- $241,100
- Forgiveness Amount
- $243,313
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lahti Fabrication, Inc.
- Address
- 651 Columbus Dr.
- City
- West Branch
- State
- Michigan
- ZIP Code
- 48661-8704
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332322)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 24
- Estimated Revenue
- $5.9M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $165,200
- Rent
- $24,400
- Utilities
- $24,000
- Health Care
- $22,500
- Debt Interest
- $5,000
Lender Information
- Servicing Lender
- Isabella Bank
- Originating Lender
- Isabella Bank
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