Date Approved
04/14/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
LANE EQUIPMENT & SUPPLY INC
Borrower Address
6315 HIGHWAY 48
Borrower City
RUSSELLVILLE
Borrower State
AL
Borrower Zip
35654-9100
Loan Status Date
04/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1875.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
112619
Servicing Lender Name
First Metro Bank
Servicing Lender Address
406 W Avalon Ave
Servicing Lender City
MUSCLE SHOALS
Servicing Lender State
Servicing Lender Zip
35661-2808
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FRANKLIN
Project State
Project Zip
CD
AL-04
Jobs Reported
2
NAICS Code
423820
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
468.75
Payroll Proceed
1406.25
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1891.56
Forgiveness Date
03/05/2021