PPP Loan information for Lormar optical distributor inc

$107,500

Lormar optical distributor inc was initially approved for PPP Loan of amount $107,500, the current approved amount is $107,500. The loan was approved on 05/22/2021 by The Oriental Bank reported 23 jobs and $107,500 was used to fund payroll.

Lormar optical distributor inc is Existing or more than 2 years old

PPP Loan Search / PR / Caguas / Lormar optical distributor inc

LORMAR OPTICAL DISTRIBUTOR INC

Date Approved

05/22/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

LORMAR OPTICAL DISTRIBUTOR INC

Borrower Address

Calle Vizcarrondo # 75 Esq. Baldorioty Caguas PR 00725

Borrower City

Caguas

Borrower State

PR

Borrower Zip

00725

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

107500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119281

Servicing Lender Name

Oriental Bank

Servicing Lender Address

254 Ave Mu<td,n>oz Rivera, Esq. Ave Chardon Hato Rey

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918-1900

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Caguas

Project County Name

CAGUAS

Project State

PR

Project Zip

00725

CD

PR-

Jobs Reported

23

NAICS Code

446130

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

107494.00

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

119281

Originating Lender

Oriental Bank

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

108109.17

Forgiveness Date

12/16/2021

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