PPP Loan information for Lance's driveshaft & components inc.

$40,280

Lance's driveshaft & components inc. was initially approved for PPP Loan of amount $40,280, the current approved amount is $40,280. The loan was approved on 04/28/2020 by The Horizon Bank reported 3 jobs and $40,280 was used to fund payroll.

Lance's driveshaft & components inc. is Existing or more than 2 years old

PPP Loan Search / IN / PORTAGE / Lance's driveshaft & components inc.

LANCE'S DRIVESHAFT & COMPONENTS INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LANCE'S DRIVESHAFT & COMPONENTS INC.

Borrower Address

2076 Dombey Road

Borrower City

PORTAGE

Borrower State

IN

Borrower Zip

46368

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40280.00

Current Approval Amount

40280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTAGE

Project County Name

PORTER

Project State

IN

Project Zip

46368-0001

CD

IN-01

Jobs Reported

3

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

32224.00

Mortgage Interest Proceed

4028.00

Rent Proceed

4028.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40533.82

Forgiveness Date

12/22/2020

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