PPP Loan information for Lamp incorporated

$620,000

Lamp incorporated was initially approved for PPP Loan of amount $620,000, the current approved amount is $620,000. The loan was approved on 04/10/2020 by The Blackhawk Bank reported 30 jobs and $620,000 was used to fund payroll.

Lamp incorporated is Existing or more than 2 years old

LAMP INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LAMP INCORPORATED

Borrower Address

460 N GROVE AVE

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120-3612

Loan Status Date

11/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

620000.00

Current Approval Amount

620000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60120-3612

CD

IL-08

Jobs Reported

30

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

77500.00

Payroll Proceed

465000.00

Mortgage Interest Proceed

77500.00

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

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

629265.56

Forgiveness Date

10/07/2021

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