Lor Manufacturing Company INC

$265,300 PPP Loan in Weidman, Michigan

Loan Details

Loan Number
7066707008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$265,300
Current Approval
$265,300
Forgiveness Amount
$267,015
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lor Manufacturing Company INC
Address
7131 W Drew Rd
ZIP Code
48893-9634
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335311)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$198,733
Rent
$50,148
Utilities
$2,682
Health Care
$13,526
Debt Interest
$211

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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