Date Approved
04/14/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LENCO PAINTING, INC
Borrower Address
330 MUZLER AVE
Borrower City
ADRIAN
Borrower State
MI
Borrower Zip
49221
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
235000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
21641
Servicing Lender Name
Old National Bank
Servicing Lender Address
One Main St
Servicing Lender City
EVANSVILLE
Servicing Lender State
IN
Servicing Lender Zip
47708-1449
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LENAWEE
Project State
Project Zip
49221-0001
CD
MI-05
Jobs Reported
19
NAICS Code
238320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
236210.41
Forgiveness Date
11/03/2020