Lane Auto Auction, LLC

$492,082 PPP Loan in Mount Morris, Michigan

Loan Details

Loan Number
9294587010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$492,082
Current Approval
$492,082
Forgiveness Amount
$495,992
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lane Auto Auction, LLC
Address
3164 W. Coldwater Rd
ZIP Code
48458-9400
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423110)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$31.2M
Rural/Urban
Urban
Congressional District
MI-08

Loan Use Breakdown

Payroll
$492,082

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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