PPP Loan information for Lang farms inc

$32,700

Lang farms inc was initially approved for PPP Loan of amount $32,700, the current approved amount is $32,700. The loan was approved on 04/15/2020 by The The First National Bank of Carmi reported 4 jobs and $32,700 was used to fund payroll.

Lang farms inc is Existing or more than 2 years old

LANG FARMS INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LANG FARMS INC

Borrower Address

4900 COPPERLINE RD East

Borrower City

MOUNT VERNON

Borrower State

IN

Borrower Zip

47620-7118

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32700.00

Current Approval Amount

32700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20416

Servicing Lender Name

The First National Bank of Carmi

Servicing Lender Address

201 E Main St

Servicing Lender City

CARMI

Servicing Lender State

IL

Servicing Lender Zip

62821-1841

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

POSEY

Project State

IN

Project Zip

47620-7118

CD

IN-08

Jobs Reported

4

NAICS Code

111191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5600.00

Payroll Proceed

26100.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20416

Originating Lender

The First National Bank of Carmi

Originating Lender City

CARMI

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30146.67

Forgiveness Date

10/13/2020

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