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Lounsbury Excavating, Inc.

$878,375 PPP Loan in Paw Paw, Michigan

Loan Details

Loan Number
7871987101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$878,375
Current Approval
$878,375
Forgiveness Amount
$885,597
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lounsbury Excavating, Inc.
Address
32673 E Red Arrow Hwy
City
Paw Paw
State
Michigan
ZIP Code
49079
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
New Business or 2 years or less
Jobs Reported
63
Estimated Revenue
$23.6M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$878,375

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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