PPP Loan information for Lms distributors inc

$75,625

Lms distributors inc was initially approved for PPP Loan of amount $75,625, the current approved amount is $75,625. The loan was approved on 04/27/2020 by The Fulton Bank, National Association reported 6 jobs and $75,625 was used to fund payroll.

Lms distributors inc is Existing or more than 2 years old

LMS DISTRIBUTORS INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LMS DISTRIBUTORS INC

Borrower Address

9275 COMMERCE HWY

Borrower City

Pennsauken

Borrower State

NJ

Borrower Zip

08110

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75625.00

Current Approval Amount

75625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08110-0001

CD

NJ-01

Jobs Reported

6

NAICS Code

454210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9450.71

Payroll Proceed

56723.59

Mortgage Interest Proceed

9450.70

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65996.88

Forgiveness Date

11/27/2020

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