PPP Loan information for Lang equipment, llc

$492,000

Lang equipment, llc was initially approved for PPP Loan of amount $492,000, the current approved amount is $492,000. The loan was approved on 04/08/2020 by The Cache Valley Bank reported 24 jobs and $492,000 was used to fund payroll.

Lang equipment, llc is Existing or more than 2 years old

LANG EQUIPMENT, LLC

Date Approved

04/08/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

LANG EQUIPMENT, LLC

Borrower Address

1200

Borrower City

NORTH SALT LAKE

Borrower State

UT

Borrower Zip

84054-2963

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492000.00

Current Approval Amount

492000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH SALT LAKE

Project County Name

DAVIS

Project State

UT

Project Zip

84054-2963

CD

UT-02

Jobs Reported

24

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

422500.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

496674.00

Forgiveness Date

03/23/2021

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