Great Lakes Engineering Group, LLC

$498,920 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
7590577002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$498,920
Current Approval
$498,920
Forgiveness Amount
$507,176
Forgiveness Date
Dec 9, 2021
Term
59 months
Draw
First Draw

Business Information

Business Name
Great Lakes Engineering Group, LLC
Address
934 Clark Street
ZIP Code
48906-5425
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$399,136
Rent
$35,304
Utilities
$16,200
Health Care
$48,280

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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