PPP Loan information for Loucas inc

$317,235

Loucas inc was initially approved for PPP Loan of amount $317,235, the current approved amount is $317,235. The loan was approved on 01/21/2021 by The Manasquan Bank reported 44 jobs and $317,235 was used to fund payroll.

Loucas inc is Existing or more than 2 years old

LOUCAS INC

Date Approved

01/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LOUCAS INC

Borrower Address

9 State Route 27

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08820-3966

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

317234.99

Current Approval Amount

317234.99

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87220

Servicing Lender Name

Manasquan Bank

Servicing Lender Address

2221 Landmark Place

Servicing Lender City

WALL TOWNSHIP

Servicing Lender State

NJ

Servicing Lender Zip

08736-1051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edison

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08820-3966

CD

NJ-06

Jobs Reported

44

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

317229.99

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

87220

Originating Lender

Manasquan Bank

Originating Lender City

WALL TOWNSHIP

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320645.27

Forgiveness Date

03/03/2022

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