PPP Loan information for Laketec communications inc

$851,700

Laketec communications inc was initially approved for PPP Loan of amount $851,700, the current approved amount is $851,700. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 41 jobs and $851,700 was used to fund payroll.

Laketec communications inc is Existing or more than 2 years old

PPP Loan Search / OH / NORTH OLMSTED / Laketec communications inc

LAKETEC COMMUNICATIONS INC

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAKETEC COMMUNICATIONS INC

Borrower Address

27881 LORAIN RD

Borrower City

NORTH OLMSTED

Borrower State

OH

Borrower Zip

44070-4023

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

851700.00

Current Approval Amount

851700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH OLMSTED

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44070-4023

CD

OH-07

Jobs Reported

41

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

851700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

858016.78

Forgiveness Date

01/12/2021

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