PPP Loan information for Lortech, inc

$28,579

Lortech, inc was initially approved for PPP Loan of amount $28,579, the current approved amount is $28,579. The loan was approved on 04/27/2020 by The Mid Penn Bank reported 3 jobs and $28,579 was used to fund payroll.

Lortech, inc is Existing or more than 2 years old

PPP Loan Search / NJ / FREEHOLD / Lortech, inc

LORTECH, INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LORTECH, INC

Borrower Address

182 SOUTH ST

Borrower City

FREEHOLD

Borrower State

NJ

Borrower Zip

07728-2618

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28579.00

Current Approval Amount

28579.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

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

07728-2618

CD

NJ-03

Jobs Reported

3

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28579.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

28833.04

Forgiveness Date

03/23/2021

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