PPP Loan information for Lormar inc.

$52,037

Lormar inc. was initially approved for PPP Loan of amount $52,037, the current approved amount is $52,037. The loan was approved on 02/05/2021 by The First Commerce Bank reported 5 jobs and $52,037 was used to fund payroll.

Lormar inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Freehold / Lormar inc.

LORMAR INC.

Date Approved

02/05/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LORMAR INC.

Borrower Address

704 Park Ave

Borrower City

Freehold

Borrower State

NJ

Borrower Zip

07728-2379

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52037.00

Current Approval Amount

52037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437880

Servicing Lender Name

First Commerce Bank

Servicing Lender Address

105 River Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08701-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freehold

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-2379

CD

NJ-03

Jobs Reported

5

NAICS Code

811111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

52033.00

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

437880

Originating Lender

First Commerce Bank

Originating Lender City

LAKEWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52709.14

Forgiveness Date

05/23/2022

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