PPP Loan information for Lancaster's training center

$5,518

Lancaster's training center was initially approved for PPP Loan of amount $5,518, the current approved amount is $5,518. The loan was approved on 05/01/2020 by The Farmers and Merchants Bank reported 1 jobs and $5,518 was used to fund payroll.

Lancaster's training center is Existing or more than 2 years old

LANCASTER'S TRAINING CENTER

Date Approved

05/01/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LANCASTER'S TRAINING CENTER

Borrower Address

1828 Proper St Suite 9

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38834

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5517.70

Current Approval Amount

5517.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38834-1100

CD

MS-01

Jobs Reported

1

NAICS Code

611620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

551.77

Payroll Proceed

4414.16

Mortgage Interest Proceed

551.77

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5558.62

Forgiveness Date

01/27/2021

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