PPP Loan information for Lanz heating & cooling inc.

$1,003,000

Lanz heating & cooling inc. was initially approved for PPP Loan of amount $1,003,000, the current approved amount is $1,003,000. The loan was approved on 04/09/2020 by The Morton Community Bank reported 74 jobs and $1,003,000 was used to fund payroll.

Lanz heating & cooling inc. is Existing or more than 2 years old

LANZ HEATING & COOLING INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LANZ HEATING & COOLING INC.

Borrower Address

2718 HUNDMAN

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61822-2838

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1003000.00

Current Approval Amount

1003000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-2838

CD

IL-13

Jobs Reported

74

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1003000.00

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

22097

Originating Lender

Morton Community Bank

Originating Lender City

MORTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1008878.69

Forgiveness Date

11/12/2020

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