PPP Loan information for Laurel redevelopment corporation

$12,500

Laurel redevelopment corporation was initially approved for PPP Loan of amount $12,500, the current approved amount is $12,500. The loan was approved on 05/26/2021 by The Texas National Bank reported 1 jobs and $12,500 was used to fund payroll.

Laurel redevelopment corporation is Existing or more than 2 years old

PPP Loan Search / DE / Laurel / Laurel redevelopment corporation

LAUREL REDEVELOPMENT CORPORATION

Date Approved

05/26/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

LAUREL REDEVELOPMENT CORPORATION

Borrower Address

202 E Front St

Borrower City

Laurel

Borrower State

DE

Borrower Zip

19956-1736

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12500.00

Current Approval Amount

12500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71432

Servicing Lender Name

Texas National Bank

Servicing Lender Address

201 S Texas Ave

Servicing Lender City

MERCEDES

Servicing Lender State

TX

Servicing Lender Zip

78570-3123

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Laurel

Project County Name

SUSSEX

Project State

DE

Project Zip

19956-1736

CD

DE-

Jobs Reported

1

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

12500.00

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

Non-Profit Organization

Originating Lender Location Id

71432

Originating Lender

Texas National Bank

Originating Lender City

MERCEDES

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

12559.03

Forgiveness Date

12/02/2021

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