PPP Loan information for Lambtech automation

$10,000

Lambtech automation was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 04/15/2020 by The Customers Bank reported 2 jobs and $10,000 was used to fund payroll.

Lambtech automation is Existing or more than 2 years old

LAMBTECH AUTOMATION

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LAMBTECH AUTOMATION

Borrower Address

1115 Pine Creek Ln

Borrower City

Forest

Borrower State

VA

Borrower Zip

24551

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-0001

CD

VA-05

Jobs Reported

2

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10048.22

Forgiveness Date

11/02/2020

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