PPP Loan information for Lact service company inc.

$232,100

Lact service company inc. was initially approved for PPP Loan of amount $232,100, the current approved amount is $232,100. The loan was approved on 05/20/2020 by The First American Bank reported 17 jobs and $232,100 was used to fund payroll.

Lact service company inc. is Existing or more than 2 years old

LACT SERVICE COMPANY INC.

Date Approved

05/20/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LACT SERVICE COMPANY INC.

Borrower Address

3521 INDUSTRIAL DR

Borrower City

HOBBS

Borrower State

NM

Borrower Zip

88240-1050

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232100.00

Current Approval Amount

232100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOBBS

Project County Name

LEA

Project State

NM

Project Zip

88240-1050

CD

NM-03

Jobs Reported

17

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232100.00

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

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233486.15

Forgiveness Date

12/23/2020

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