PPP Loan information for Lane electronics and alarm systems inc

$161,580

Lane electronics and alarm systems inc was initially approved for PPP Loan of amount $161,580, the current approved amount is $161,580. The loan was approved on 04/14/2020 by The Truist Bank reported 18 jobs and $161,580 was used to fund payroll.

Lane electronics and alarm systems inc is Existing or more than 2 years old

LANE ELECTRONICS AND ALARM SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0491

Processing Method

PPP

Borrower Name

LANE ELECTRONICS AND ALARM SYSTEMS INC

Borrower Address

667 HAROLD AVE

Borrower City

WINTER PARK

Borrower State

FL

Borrower Zip

32789

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

161580.00

Current Approval Amount

161580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINTER PARK

Project County Name

ORANGE

Project State

FL

Project Zip

32789-0902

CD

FL-10

Jobs Reported

18

NAICS Code

561621

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

161580.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152615.80

Forgiveness Date

12/23/2020

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