PPP Loan information for Lee michaels industries inc

$894,660

Lee michaels industries inc was initially approved for PPP Loan of amount $894,660, the current approved amount is $894,660. The loan was approved on 01/21/2021 by The NexTier Bank, National Association reported 36 jobs and $894,660 was used to fund payroll.

Lee michaels industries inc is Existing or more than 2 years old

PPP Loan Search / PA / New Castle / Lee michaels industries inc

LEE MICHAELS INDUSTRIES INC

Date Approved

01/21/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

LEE MICHAELS INDUSTRIES INC

Borrower Address

124 E Long Ave

Borrower City

New Castle

Borrower State

PA

Borrower Zip

16101-4804

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

894660.00

Current Approval Amount

894660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60658

Servicing Lender Name

NexTier Bank, National Association

Servicing Lender Address

222 Market St

Servicing Lender City

KITTANNING

Servicing Lender State

PA

Servicing Lender Zip

16201-1525

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Castle

Project County Name

LAWRENCE

Project State

PA

Project Zip

16101-4804

CD

PA-16

Jobs Reported

36

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

894654.00

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

60658

Originating Lender

NexTier Bank, National Association

Originating Lender City

KITTANNING

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

898661.12

Forgiveness Date

07/13/2021

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