PPP Loan information for Lane tool and manufacturing corporation

$130,752

Lane tool and manufacturing corporation was initially approved for PPP Loan of amount $130,752, the current approved amount is $130,752. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 11 jobs and $130,752 was used to fund payroll.

Lane tool and manufacturing corporation is Existing or more than 2 years old

PPP Loan Search / MI / ROCHESTER HILLS / Lane tool and manufacturing corporation

LANE TOOL AND MANUFACTURING CORPORATION

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LANE TOOL AND MANUFACTURING CORPORATION

Borrower Address

1940 S LIVERNOIS RD

Borrower City

ROCHESTER HILLS

Borrower State

MI

Borrower Zip

48307-3368

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130752.00

Current Approval Amount

130752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48307-3368

CD

MI-10

Jobs Reported

11

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130752.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131611.74

Forgiveness Date

12/31/2020

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