PPP Loan information for Lelanite corporation

$519,988

Lelanite corporation was initially approved for PPP Loan of amount $435,512, the current approved amount is $519,988. The loan was approved on 04/04/2020 by The Fidelity Co-Operative Bank reported 45 jobs and $519,988 was used to fund payroll.

Lelanite corporation is Existing or more than 2 years old

LELANITE CORPORATION

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LELANITE CORPORATION

Borrower Address

1 Cudworth Road

Borrower City

WEBSTER

Borrower State

MA

Borrower Zip

01570-3102

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435512.00

Current Approval Amount

519988.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80075

Servicing Lender Name

Fidelity Co-Operative Bank

Servicing Lender Address

9 Leominster Connector

Servicing Lender City

LEOMINSTER

Servicing Lender State

MA

Servicing Lender Zip

01453-3791

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01570-3102

CD

MA-02

Jobs Reported

45

NAICS Code

326150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

519988.00

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

Subchapter S Corporation

Originating Lender Location Id

80075

Originating Lender

Fidelity Co-Operative Bank

Originating Lender City

LEOMINSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

523036.70

Forgiveness Date

11/16/2020

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