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MegadealsSubsidy Tracker Individual Entry
Company: Lyons Industries, inc.
Parent Company:
Subsidy Source: state
Location: Michigan
City: Dowagiac
Address: 30000 M62 West Dowagiac
Zip: 49047
Project Description: Lyons Industries has expanded its operations which has constrained its working capital availability. Chemical Bank is seeking to increase its existing working capital LOC to Lyons from $4,000,000 to $5,000,000. Chemical Bank is seeking $499,000 from MSF in collateral support for the LOC.
Year: 2015
Value of Loan, Loan Guarantee or Bailout Assistance: $499,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Michigan Supplier Diversification Fund
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 0
Source of Data:
(click here)
Notes: Year is fiscal year. Jobs is sum of new and retained positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.