Lawn Boys INC

$195,000 PPP Loan in Bangor, Michigan

Loan Details

Loan Number
5915047105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$195,000
Current Approval
$195,000
Forgiveness Amount
$196,026
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lawn Boys INC
Address
62511 M 43
City
Bangor
ZIP Code
49013-9480
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (812990)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.7M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$159,200
Utilities
$9,000
Mortgage Interest
$1,800
Debt Interest
$25,000

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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