PPP Loan information for Lancaster management inc

$187,000

Lancaster management inc was initially approved for PPP Loan of amount $187,000, the current approved amount is $187,000. The loan was approved on 04/06/2020 by The ServisFirst Bank reported 10 jobs and $187,000 was used to fund payroll.

Lancaster management inc is Existing or more than 2 years old

LANCASTER MANAGEMENT INC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LANCASTER MANAGEMENT INC

Borrower Address

645 WALNUT ST

Borrower City

GADSDEN

Borrower State

AL

Borrower Zip

35901-4173

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187000.00

Current Approval Amount

187000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GADSDEN

Project County Name

ETOWAH

Project State

AL

Project Zip

35901-4173

CD

AL-04

Jobs Reported

10

NAICS Code

511110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187000.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

189036.22

Forgiveness Date

05/12/2021

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