PPP Loan information for Layne financial inc.

$205,000

Layne financial inc. was initially approved for PPP Loan of amount $173,500, the current approved amount is $205,000. The loan was approved on 04/14/2020 by The First Commonwealth Bank reported 12 jobs and $205,000 was used to fund payroll.

Layne financial inc. is Existing or more than 2 years old

PPP Loan Search / PA / NEW CASTLE / Layne financial inc.

LAYNE FINANCIAL INC.

Date Approved

04/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

LAYNE FINANCIAL INC.

Borrower Address

3009 WILMINGTON RD #100

Borrower City

NEW CASTLE

Borrower State

PA

Borrower Zip

16105-1238

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173500.00

Current Approval Amount

205000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW CASTLE

Project County Name

LAWRENCE

Project State

PA

Project Zip

16105-1238

CD

PA-16

Jobs Reported

12

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205000.00

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206550.14

Forgiveness Date

01/25/2021

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