PPP Loan information for Lorven applications inc

$243,468

Lorven applications inc was initially approved for PPP Loan of amount $243,468, the current approved amount is $243,468. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 16 jobs and $243,468 was used to fund payroll.

Lorven applications inc is New Business or 2 years or less

LORVEN APPLICATIONS INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LORVEN APPLICATIONS INC

Borrower Address

38345 W 10 MILE RD STE 340

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48335-2837

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243468.00

Current Approval Amount

243468.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48335-2837

CD

MI-11

Jobs Reported

16

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

243468.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245482.45

Forgiveness Date

03/03/2021

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