PPP Loan information for Lang properties, inc.

$42,000

Lang properties, inc. was initially approved for PPP Loan of amount $42,000, the current approved amount is $42,000. The loan was approved on 04/10/2020 by The Holcomb Bank reported 10 jobs and $42,000 was used to fund payroll.

Lang properties, inc. is Existing or more than 2 years old

LANG PROPERTIES, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LANG PROPERTIES, INC.

Borrower Address

5250 Deer Pointe

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61114-7068

Loan Status Date

06/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42000.00

Current Approval Amount

42000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21539

Servicing Lender Name

Holcomb Bank

Servicing Lender Address

233 E Illinois Route 38

Servicing Lender City

ROCHELLE

Servicing Lender State

IL

Servicing Lender Zip

61068

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61114-7068

CD

IL-16

Jobs Reported

10

NAICS Code

812310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42000.00

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

Subchapter S Corporation

Originating Lender Location Id

21539

Originating Lender

Holcomb Bank

Originating Lender City

ROCHELLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42291.67

Forgiveness Date

12/17/2020

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