PPP Loan information for Lab inventory systems, inc.

$103,750

Lab inventory systems, inc. was initially approved for PPP Loan of amount $103,750, the current approved amount is $103,750. The loan was approved on 04/28/2020 by The Woodsboro Bank reported 12 jobs and $103,750 was used to fund payroll.

Lab inventory systems, inc. is Existing or more than 2 years old

LAB INVENTORY SYSTEMS, INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LAB INVENTORY SYSTEMS, INC.

Borrower Address

900 East Patrickt Street Suit 6

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21701

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103750.00

Current Approval Amount

103750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30930

Servicing Lender Name

Woodsboro Bank

Servicing Lender Address

5 N Main St

Servicing Lender City

WOODSBORO

Servicing Lender State

MD

Servicing Lender Zip

21798-8816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-1200

CD

MD-06

Jobs Reported

12

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103750.00

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

30930

Originating Lender

Woodsboro Bank

Originating Lender City

WOODSBORO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104591.37

Forgiveness Date

02/25/2021

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