PPP Loan information for Lane & associates, inc.

$5,140,358

Lane & associates, inc. was initially approved for PPP Loan of amount $5,140,358, the current approved amount is $5,140,358. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 455 jobs and $5,140,358 was used to fund payroll.

Lane & associates, inc. is Existing or more than 2 years old

LANE & ASSOCIATES, INC.

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LANE & ASSOCIATES, INC.

Borrower Address

15 RAWLS RD STE 100

Borrower City

ANGIER

Borrower State

NC

Borrower Zip

27501-6033

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5140358.00

Current Approval Amount

5140358.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANGIER

Project County Name

HARNETT

Project State

NC

Project Zip

27501-6033

CD

NC-13

Jobs Reported

455

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

642544.75

Payroll Proceed

3855268.50

Mortgage Interest Proceed

642544.75

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5213893.68

Forgiveness Date

09/14/2021

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