PPP Loan information for Layco, inc.

$695,600

Layco, inc. was initially approved for PPP Loan of amount $695,600, the current approved amount is $695,600. The loan was approved on 04/09/2020 by The Regent Bank reported 53 jobs and $695,600 was used to fund payroll.

Layco, inc. is Existing or more than 2 years old

LAYCO, INC.

Date Approved

04/09/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

LAYCO, INC.

Borrower Address

1827 N. 75th E. Ave

Borrower City

TULSA

Borrower State

OK

Borrower Zip

74115-4612

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

695600.00

Current Approval Amount

695600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59097

Servicing Lender Name

Regent Bank

Servicing Lender Address

7136 S Yale Ave, Ste 100

Servicing Lender City

TULSA

Servicing Lender State

OK

Servicing Lender Zip

74136-6315

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TULSA

Project County Name

TULSA

Project State

OK

Project Zip

74115-4612

CD

OK-01

Jobs Reported

53

NAICS Code

335312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

627982.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20118.00

Debt Interest Proceed

2500

Business Type

Corporation

Originating Lender Location Id

59097

Originating Lender

Regent Bank

Originating Lender City

TULSA

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

703232.28

Forgiveness Date

05/21/2021

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