PPP Loan information for Lorman business center, llc

$586,600

Lorman business center, llc was initially approved for PPP Loan of amount $586,600, the current approved amount is $586,600. The loan was approved on 04/15/2020 by The Customers Bank reported 33 jobs and $586,600 was used to fund payroll.

Lorman business center, llc is Existing or more than 2 years old

PPP Loan Search / WI / Eau Claire / Lorman business center, llc

LORMAN BUSINESS CENTER, LLC

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LORMAN BUSINESS CENTER, LLC

Borrower Address

2510 Alpine Road

Borrower City

Eau Claire

Borrower State

WI

Borrower Zip

54703

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586600.00

Current Approval Amount

586600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eau Claire

Project County Name

EAU CLAIRE

Project State

WI

Project Zip

54703-0001

CD

WI-03

Jobs Reported

33

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

586600.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

589557.11

Forgiveness Date

11/05/2020

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