PPP Loan information for Lal simulation inc.

$30,100

Lal simulation inc. was initially approved for PPP Loan of amount $30,100, the current approved amount is $30,100. The loan was approved on 02/08/2021 by The Citizens Bank, National Association reported 2 jobs and $30,100 was used to fund payroll.

Lal simulation inc. is Existing or more than 2 years old

LAL SIMULATION INC.

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAL SIMULATION INC.

Borrower Address

1619 Kendal Ln

Borrower City

Rochester Hills

Borrower State

MI

Borrower Zip

48307-3547

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30100.00

Current Approval Amount

30100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48307-3547

CD

MI-10

Jobs Reported

2

NAICS Code

541330

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30100.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20536.93

Forgiveness Date

09/17/2021

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