Lor Products, INC

$38,052 PPP Loan in Remus, Michigan

Loan Details

Loan Number
7718217010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$38,052
Current Approval
$38,052
Forgiveness Amount
$38,322
Forgiveness Date
Dec 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lor Products, INC
Address
2962 16 Mile Rd
City
Remus
ZIP Code
49340-9516
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423510)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$30,442
Rent
$2,800
Utilities
$1,850
Health Care
$2,960

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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