PPP Loan information for Lab safety corporation

$70,339

Lab safety corporation was initially approved for PPP Loan of amount $93,785, the current approved amount is $70,339. The loan was approved on 04/27/2020 by The Cumberland Federal Bank, F.S.B. reported 13 jobs and $70,339 was used to fund payroll.

Lab safety corporation is Existing or more than 2 years old

LAB SAFETY CORPORATION

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LAB SAFETY CORPORATION

Borrower Address

1725 Industrial Ave

Borrower City

CUMBERLAND

Borrower State

WI

Borrower Zip

54829-0241

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93785.00

Current Approval Amount

70338.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81560

Servicing Lender Name

Cumberland Federal Bank, F.S.B.

Servicing Lender Address

1390 Second Ave

Servicing Lender City

CUMBERLAND

Servicing Lender State

WI

Servicing Lender Zip

54829

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMBERLAND

Project County Name

BARRON

Project State

WI

Project Zip

54829-0241

CD

WI-07

Jobs Reported

13

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70338.75

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

81560

Originating Lender

Cumberland Federal Bank, F.S.B.

Originating Lender City

CUMBERLAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

70901.46

Forgiveness Date

02/22/2021

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