L&d Electric, Inc.
$1,900,587 PPP Loan in Lansing, Michigan
Loan Details
- Loan Number
- 6848367002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,900,587
- Current Approval
- $1,900,587
- Forgiveness Amount
- $1,918,864
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $1,740,793
- Rent
- $21,340
- Utilities
- $6,906
- Health Care
- $113,874
- Debt Interest
- $17,674
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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|---|---|---|
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| Aoa Management Company Ltd Partnership | $5,218,290 | Research |
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| Granger Construction Company | $4,682,300 | Research |
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