PPP Loan information for Lo & to, inc

$62,982

Lo & to, inc was initially approved for PPP Loan of amount $62,982, the current approved amount is $62,982. The loan was approved on 04/11/2020 by The Machias Savings Bank reported 14 jobs and $62,982 was used to fund payroll.

Lo & to, inc is Existing or more than 2 years old

LO & TO, INC

Date Approved

04/11/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

LO & TO, INC

Borrower Address

492 WILSON ST

Borrower City

BREWER

Borrower State

ME

Borrower Zip

04412-1419

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62982.00

Current Approval Amount

62982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BREWER

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04412-1419

CD

ME-02

Jobs Reported

14

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62982.00

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

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63485.86

Forgiveness Date

02/03/2021

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