PPP Loan information for Lane-valente industries inc

$4,636,385

Lane-valente industries inc was initially approved for PPP Loan of amount $4,636,385, the current approved amount is $4,636,385. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 291 jobs and $4,636,385 was used to fund payroll.

Lane-valente industries inc is Existing or more than 2 years old

PPP Loan Search / NY / SMITHTOWN / Lane-valente industries inc

LANE-VALENTE INDUSTRIES INC

Date Approved

05/01/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

LANE-VALENTE INDUSTRIES INC

Borrower Address

98 MAPLE AVE

Borrower City

SMITHTOWN

Borrower State

NY

Borrower Zip

11787

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4636385.00

Current Approval Amount

4636385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHTOWN

Project County Name

SUFFOLK

Project State

NY

Project Zip

11787-0001

CD

NY-01

Jobs Reported

291

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21000.00

Payroll Proceed

3602048.00

Mortgage Interest Proceed

0.00

Rent Proceed

196374.00

Refinance EIDL Proceed

0.00

Health Care Proceed

816963.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4697219.52

Forgiveness Date

08/27/2021

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