PPP Loan information for Lap management inc

$90,500

Lap management inc was initially approved for PPP Loan of amount $90,500, the current approved amount is $90,500. The loan was approved on 01/27/2021 by The TowneBank reported 5 jobs and $90,500 was used to fund payroll.

Lap management inc is Existing or more than 2 years old

LAP MANAGEMENT INC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LAP MANAGEMENT INC

Borrower Address

2434 Gum Rd

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23321-1510

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90500.00

Current Approval Amount

90500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23321-1510

CD

VA-03

Jobs Reported

5

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

90498.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91598.57

Forgiveness Date

04/19/2022

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