PPP Loan information for Lane farms inc.

$116,171

Lane farms inc. was initially approved for PPP Loan of amount $116,171, the current approved amount is $116,171. The loan was approved on 04/15/2020 by The First Bank reported 53 jobs and $116,171 was used to fund payroll.

Lane farms inc. is Existing or more than 2 years old

LANE FARMS INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LANE FARMS INC.

Borrower Address

2317 Salem Church Road

Borrower City

GOLDSBORO

Borrower State

NC

Borrower Zip

27530-7907

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

116171.00

Current Approval Amount

116171.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOLDSBORO

Project County Name

WAYNE

Project State

NC

Project Zip

27530-7907

CD

NC-13

Jobs Reported

53

NAICS Code

713910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14521.38

Payroll Proceed

87128.25

Mortgage Interest Proceed

14521.37

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116963.51

Forgiveness Date

12/22/2020

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