PPP Loan information for Lan-tel communications inc

$895,600

Lan-tel communications inc was initially approved for PPP Loan of amount $895,600, the current approved amount is $895,600. The loan was approved on 04/10/2020 by The The Central Trust Bank reported 72 jobs and $895,600 was used to fund payroll.

Lan-tel communications inc is Existing or more than 2 years old

PPP Loan Search / MO / INDEPENDENCE / Lan-tel communications inc

LAN-TEL COMMUNICATIONS INC

Date Approved

04/10/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

LAN-TEL COMMUNICATIONS INC

Borrower Address

520 n STATE ROUTE 7

Borrower City

INDEPENDENCE

Borrower State

MO

Borrower Zip

64056-3806

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

895600.00

Current Approval Amount

895600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40659

Servicing Lender Name

The Central Trust Bank

Servicing Lender Address

238 Madison St

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

MO

Servicing Lender Zip

65101-3230

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INDEPENDENCE

Project County Name

JACKSON

Project State

MO

Project Zip

64056-3806

CD

MO-05

Jobs Reported

72

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

75000.00

Payroll Proceed

750000.00

Mortgage Interest Proceed

30000.00

Rent Proceed

40600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40659

Originating Lender

The Central Trust Bank

Originating Lender City

JEFFERSON CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

900998.48

Forgiveness Date

11/23/2020

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