PPP Loan information for Lautco management, inc.

$520,800

Lautco management, inc. was initially approved for PPP Loan of amount $520,800, the current approved amount is $520,800. The loan was approved on 04/10/2020 by The Broadway National Bank reported 47 jobs and $520,800 was used to fund payroll.

Lautco management, inc. is Existing or more than 2 years old

LAUTCO MANAGEMENT, INC.

Date Approved

04/10/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

LAUTCO MANAGEMENT, INC.

Borrower Address

15018 Tradesman Drive

Borrower City

SAN ANTONIO

Borrower State

TX

Borrower Zip

78249-1341

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520800.00

Current Approval Amount

520800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71727

Servicing Lender Name

Broadway National Bank

Servicing Lender Address

1177 NE Loop 410

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78209-1517

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN ANTONIO

Project County Name

BEXAR

Project State

TX

Project Zip

78249-1341

CD

TX-20

Jobs Reported

47

NAICS Code

561330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

515000.00

Mortgage Interest Proceed

3800.00

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

71727

Originating Lender

Broadway National Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

524055.00

Forgiveness Date

12/02/2020

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