PPP Loan information for Locher inc

$121,110

Locher inc was initially approved for PPP Loan of amount $121,110, the current approved amount is $121,110. The loan was approved on 04/15/2020 by The The Park National Bank reported 8 jobs and $121,110 was used to fund payroll.

Locher inc is Existing or more than 2 years old

PPP Loan Search / OH / LANCASTER / Locher inc

LOCHER INC

Date Approved

04/15/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

LOCHER INC

Borrower Address

422 QUARRY RD

Borrower City

LANCASTER

Borrower State

OH

Borrower Zip

43130-9303

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121109.55

Current Approval Amount

121109.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

FAIRFIELD

Project State

OH

Project Zip

43130-9303

CD

OH-12

Jobs Reported

8

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2730.31

Payroll Proceed

100571.60

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

9807.64

Business Type

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

121809.66

Forgiveness Date

12/03/2020

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