PPP Loan information for Lay transmission company

$81,400

Lay transmission company was initially approved for PPP Loan of amount $81,400, the current approved amount is $81,400. The loan was approved on 04/13/2020 by The Signature Bank, National Association reported 7 jobs and $81,400 was used to fund payroll.

Lay transmission company is Existing or more than 2 years old

LAY TRANSMISSION COMPANY

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

LAY TRANSMISSION COMPANY

Borrower Address

378 Phillips Ave

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43612-1350

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81400.00

Current Approval Amount

81400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

256729

Servicing Lender Name

Signature Bank, National Association

Servicing Lender Address

4607 W Sylvania Ave

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43623-3203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43612-1350

CD

OH-09

Jobs Reported

7

NAICS Code

811113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

61050.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13350.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

256729

Originating Lender

Signature Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81779.12

Forgiveness Date

10/13/2020

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