PPP Loan information for Lanka educational corporation

$128,376

Lanka educational corporation was initially approved for PPP Loan of amount $128,376, the current approved amount is $128,376. The loan was approved on 05/01/2021 by The Truist Bank reported 20 jobs and $128,376 was used to fund payroll.

Lanka educational corporation is Existing or more than 2 years old

LANKA EDUCATIONAL CORPORATION

Date Approved

05/01/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LANKA EDUCATIONAL CORPORATION

Borrower Address

5805 Harbour View Blvd

Borrower City

Suffolk

Borrower State

VA

Borrower Zip

23435-2657

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128376.00

Current Approval Amount

128376.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Suffolk

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23435-2657

CD

VA-02

Jobs Reported

20

NAICS Code

611110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

128374.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128903.77

Forgiveness Date

09/29/2021

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