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Lanzen, Incorporated

$2,624,400 PPP Loan in Romeo, Michigan

Loan Details

Loan Number
9016797210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,624,400
Current Approval
$2,624,400
Forgiveness Amount
$2,655,164
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanzen, Incorporated
Address
100 Peyerk Court
City
Romeo
State
Michigan
ZIP Code
48065-4921
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332322)
Business Age
Existing or more than 2 years old
Jobs Reported
185
Estimated Revenue
$45.2M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$2,099,588
Mortgage Interest
$524,812

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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