PPP Loan information for Lance industries inc

$125,000

Lance industries inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 02/06/2021 by The Webster Bank National Association reported 10 jobs and $125,000 was used to fund payroll.

Lance industries inc is Existing or more than 2 years old

LANCE INDUSTRIES INC

Date Approved

02/06/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

LANCE INDUSTRIES INC

Borrower Address

55 Industrial Cir

Borrower City

Lincoln

Borrower State

RI

Borrower Zip

02865-2643

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02865-2643

CD

RI-01

Jobs Reported

10

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124997.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

125808.22

Forgiveness Date

10/06/2021

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