1033 LAKE DRIVE MANAGEMENT CO. LLC (MI) - 2020 PPP Loan Borrower Profile (# 3071788405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1033 LAKE DRIVE MANAGEMENT CO. LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

3071788405

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$96,428.5

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$97,411.28

Date Loan was Forgiven

Feb 17, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

96,423.5

Lender

The Huntington National Bank

Business Detail

Business Type

Partnership

NAICS

722511

Borrower Location

Grand Rapids, MI

Project Location

Grand Rapids, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.