PPP Loan information for Lemco corporation

$273,447

Lemco corporation was initially approved for PPP Loan of amount $273,447, the current approved amount is $273,447. The loan was approved on 04/18/2021 by The Valley National Bank reported 11 jobs and $273,447 was used to fund payroll.

Lemco corporation is Existing or more than 2 years old

PPP Loan Search / NJ / Wayne / Lemco corporation

LEMCO CORPORATION

Date Approved

04/18/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LEMCO CORPORATION

Borrower Address

60 Greenwood Ave

Borrower City

Wayne

Borrower State

NJ

Borrower Zip

07470-6760

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273447.00

Current Approval Amount

273447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayne

Project County Name

PASSAIC

Project State

NJ

Project Zip

07470-6760

CD

NJ-11

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

273444.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275254.79

Forgiveness Date

12/14/2021

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