PPP Loan information for Lml automated systems, inc.

$251,400

Lml automated systems, inc. was initially approved for PPP Loan of amount $251,400, the current approved amount is $251,400. The loan was approved on 04/11/2020 by The 1st Source Bank reported 18 jobs and $251,400 was used to fund payroll.

Lml automated systems, inc. is Existing or more than 2 years old

LML AUTOMATED SYSTEMS, INC.

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LML AUTOMATED SYSTEMS, INC.

Borrower Address

361 Shadyside Road

Borrower City

CHESTERTON

Borrower State

IN

Borrower Zip

46304-9737

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251400.00

Current Approval Amount

251400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERTON

Project County Name

PORTER

Project State

IN

Project Zip

46304-9737

CD

IN-01

Jobs Reported

18

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251400.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

251529.98

Forgiveness Date

11/10/2020

;