Lansing Sanitary Supply, INC

$645,082 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
8481777009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$645,082
Current Approval
$645,082
Forgiveness Amount
$649,341
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lansing Sanitary Supply, INC
Address
1445 S. Washington Ave
ZIP Code
48910-1654
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423850)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$15.6M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$538,328
Rent
$71,729
Utilities
$19,038
Health Care
$15,986

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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