PPP Loan information for Loar, inc

$31,800

Loar, inc was initially approved for PPP Loan of amount $31,800, the current approved amount is $31,800. The loan was approved on 04/07/2020 by The Peoples Exchange Bank reported 15 jobs and $31,800 was used to fund payroll.

Loar, inc is Existing or more than 2 years old

LOAR, INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LOAR, INC

Borrower Address

413 TREMONT LN

Borrower City

WINCHESTER

Borrower State

KY

Borrower Zip

40391-2948

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31800.00

Current Approval Amount

31800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26796

Servicing Lender Name

Peoples Exchange Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

WINCHESTER

Servicing Lender State

KY

Servicing Lender Zip

40391-2607

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINCHESTER

Project County Name

CLARK

Project State

KY

Project Zip

40391-2948

CD

KY-06

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31800.00

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

Subchapter S Corporation

Originating Lender Location Id

26796

Originating Lender

Peoples Exchange Bank

Originating Lender City

WINCHESTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32033.20

Forgiveness Date

01/07/2021

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