PPP Loan information for Lagada incorporated

$157,700

Lagada incorporated was initially approved for PPP Loan of amount $157,700, the current approved amount is $157,700. The loan was approved on 04/28/2020 by The American Community Bank of Indiana reported 36 jobs and $157,700 was used to fund payroll.

Lagada incorporated is Existing or more than 2 years old

LAGADA INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LAGADA INCORPORATED

Borrower Address

7340 INDIANAPOLIS BLVD

Borrower City

HAMMOND

Borrower State

IN

Borrower Zip

46324-2908

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157700.00

Current Approval Amount

157700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

LAKE

Project State

IN

Project Zip

46324-2908

CD

IN-01

Jobs Reported

36

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7885.00

Payroll Proceed

15770.00

Mortgage Interest Proceed

134045.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

159228.81

Forgiveness Date

04/20/2021

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