PPP Loan information for Laneco ii, inc

$79,200

Laneco ii, inc was initially approved for PPP Loan of amount $79,200, the current approved amount is $79,200. The loan was approved on 04/15/2020 by The Truist Bank reported 19 jobs and $79,200 was used to fund payroll.

Laneco ii, inc is Existing or more than 2 years old

LANECO II, INC

Date Approved

04/15/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LANECO II, INC

Borrower Address

698 Kings Highway

Borrower City

YEMASSEE

Borrower State

SC

Borrower Zip

29945

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79200.00

Current Approval Amount

79200.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

YEMASSEE

Project County Name

HAMPTON

Project State

SC

Project Zip

29945-0001

CD

SC-06

Jobs Reported

19

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79200.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79739.00

Forgiveness Date

12/22/2020

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