PPP Loan information for Lormac enterprise inc.

$11,335

Lormac enterprise inc. was initially approved for PPP Loan of amount $11,335, the current approved amount is $11,335. The loan was approved on 03/27/2021 by The Truist Bank reported 10 jobs and $11,335 was used to fund payroll.

Lormac enterprise inc. is Existing or more than 2 years old

PPP Loan Search / NC / Raeford / Lormac enterprise inc.

LORMAC ENTERPRISE INC.

Date Approved

03/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LORMAC ENTERPRISE INC.

Borrower Address

6065 Turnpike Rd

Borrower City

Raeford

Borrower State

NC

Borrower Zip

28376-7311

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11334.97

Current Approval Amount

11334.97

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

N

Business Age Description

Existing or more than 2 years old

Project City

Raeford

Project County Name

HOKE

Project State

NC

Project Zip

28376-7311

CD

NC-09

Jobs Reported

10

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11331.97

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

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

11380.00

Forgiveness Date

08/20/2021

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