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GREAT LAKES PETROLEUM TRANSPORTATION FILES FOR BANKRUPTCY

Founded in 1976, Michigan-based family-owned company Great Lakes Petroleum Transportation has filed a bankruptcy petition in the U.S. Bankruptcy Court for the Eastern District of Michigan. Two Great Lakes subsidiaries (Petroleum ... ... largest creditors is the Union Bank of Michigan, to which the company owes $ 1.1 million. We should note that during the COVID-19 pandemic, the company received a loan from the bank to stay afloat in accordance with the state payroll protection program (PPP) ...

Modified: 03.22.2021
bankruptcy , USA , oil , coronacrisis , pandemic , Great Lakes Petroleum Transportation , trucking company
Path: РусБанкрот - СМИ

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