As part of the Paycheck Protection Program LAKE STATE RAILWAY CO was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LAKE STATE RAILWAY CO


Loan Amount	$1,667,100
BusinessName	LAKE STATE RAILWAY CO
Address	750 N WASHINGTON AVE
City	SAGINAW
State	MI
Zip	48607
NAICSCode	482111
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	112
DateApproved	04/11/2020
Lender	PNC Bank, National Association
CD	MI-05
BusinessName.clean	LAKE STATE RAILWAY CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LAKE STATES TREE SERVICE
LAKE SUNAPEE HOMECARE AND HOSPICE
LAKE SUPERIOR COMMUNITY HEALTH CENTER
LAKE TRUCKING CO
LAKE WORTH ENTERPRISE