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Lok Grips, LLC

$83,773 PPP Loan in Dorr, Michigan

Loan Details

Loan Number
9546487208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$83,773
Current Approval
$83,773
Forgiveness Amount
$84,620
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lok Grips, LLC
Address
4246 Parklane
City
Dorr
State
Michigan
ZIP Code
49323-9021
Business Type
Corporation
Industry (NAICS)
Manufacturing (332994)
Business Age
New Business or 2 years or less
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$62,830
Rent
$7,000
Utilities
$7,000
Mortgage Interest
$6,943

Lender Information

Servicing Lender
United Bank of Michigan
Originating Lender
United Bank of Michigan

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