PPP Loan information for Lane brothers inc.

$257,062

Lane brothers inc. was initially approved for PPP Loan of amount $257,062, the current approved amount is $257,062. The loan was approved on 02/18/2021 by The Chesapeake Bank reported 26 jobs and $257,062 was used to fund payroll.

Lane brothers inc. is Existing or more than 2 years old

PPP Loan Search / VA / Richmond / Lane brothers inc.

LANE BROTHERS INC.

Date Approved

02/18/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LANE BROTHERS INC.

Borrower Address

408 W Broad St

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23220-4221

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

257062.00

Current Approval Amount

257062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

RICHMOND CITY

Project State

VA

Project Zip

23220-4221

CD

VA-04

Jobs Reported

26

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

257059.00

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

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258175.94

Forgiveness Date

07/30/2021

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