PPP Loan information for Lan connect, inc.

$2,087,500

Lan connect, inc. was initially approved for PPP Loan of amount $2,087,500, the current approved amount is $2,087,500. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 115 jobs and $2,087,500 was used to fund payroll.

Lan connect, inc. is Existing or more than 2 years old

PPP Loan Search / PA / NORRISTOWN / Lan connect, inc.

LAN CONNECT, INC.

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LAN CONNECT, INC.

Borrower Address

623 West Washington Street

Borrower City

NORRISTOWN

Borrower State

PA

Borrower Zip

19401-4530

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2087500.00

Current Approval Amount

2087500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORRISTOWN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19401-4530

CD

PA-05

Jobs Reported

115

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2087500.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2112092.47

Forgiveness Date

06/23/2021

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