PPP Loan information for Lormac enterprise inc.

$4,407

Lormac enterprise inc. was initially approved for PPP Loan of amount $4,407, the current approved amount is $4,407. The loan was approved on 06/25/2020 by The Truist Bank reported 6 jobs and $4,407 was used to fund payroll.

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

LORMAC ENTERPRISE INC.

Date Approved

06/25/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LORMAC ENTERPRISE INC.

Borrower Address

6065 Turnpike Rd

Borrower City

Raeford

Borrower State

NC

Borrower Zip

28376

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

4406.63

Current Approval Amount

4406.63

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Raeford

Project County Name

HOKE

Project State

NC

Project Zip

28376-0001

CD

NC-09

Jobs Reported

6

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4406.63

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

4441.39

Forgiveness Date

04/14/2021

;