PPP Loan information for Lautco management inc.

$510,767

Lautco management inc. was initially approved for PPP Loan of amount $510,767, the current approved amount is $510,767. The loan was approved on 05/11/2021 by The Broadway National Bank reported 45 jobs and $510,767 was used to fund payroll.

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

LAUTCO MANAGEMENT INC.

Date Approved

05/11/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

LAUTCO MANAGEMENT INC.

Borrower Address

15018 Tradesman

Borrower City

San Antonio

Borrower State

TX

Borrower Zip

78249-1341

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

510767.00

Current Approval Amount

510767.00

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

45

NAICS Code

551114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

510767.00

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

71727

Originating Lender

Broadway National Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

514072.80

Forgiveness Date

01/07/2022

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