PPP Loan information for The lantern inc

$86,195

The lantern inc was initially approved for PPP Loan of amount $86,195, the current approved amount is $86,195. The loan was approved on 05/05/2020 by The BMO Harris Bank National Association reported 28 jobs and $86,195 was used to fund payroll.

The lantern inc is New Business or 2 years or less

THE LANTERN INC

Date Approved

05/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

THE LANTERN INC

Borrower Address

8 W. CHIGAGO AVE

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60540

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86195.00

Current Approval Amount

86195.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60540-0300

CD

IL-11

Jobs Reported

28

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86195.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

87005.00

Forgiveness Date

04/15/2021

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