PPP Loan information for Larsen marine services inc

$525,000

Larsen marine services inc was initially approved for PPP Loan of amount $525,000, the current approved amount is $525,000. The loan was approved on 04/09/2020 by The Lake Forest Bank & Trust Company, National Association reported 40 jobs and $525,000 was used to fund payroll.

Larsen marine services inc is Existing or more than 2 years old

LARSEN MARINE SERVICES INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LARSEN MARINE SERVICES INC

Borrower Address

625 e sea horse drive

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085-2163

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525000.00

Current Approval Amount

525000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-2163

CD

IL-10

Jobs Reported

40

NAICS Code

441222

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

525000.00

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

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528237.50

Forgiveness Date

11/27/2020

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