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GREAT LAKES PETROLEUM TRANSPORTATION FILES FOR BANKRUPTCY

... Great Lakes owns 59 propulsion systems for oil transportation. The company employs 49 drivers. One of the Great Lakes' 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) established last year by the US authorities.

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