PPP Loan information for Lola 1911 inc

$56,638

Lola 1911 inc was initially approved for PPP Loan of amount $56,638, the current approved amount is $56,638. The loan was approved on 02/22/2021 by The Readycap Lending, LLC reported 8 jobs and $56,638 was used to fund payroll.

Lola 1911 inc is Existing or more than 2 years old

LOLA 1911 INC

Date Approved

02/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LOLA 1911 INC

Borrower Address

87 Central Ave

Borrower City

Metuchen

Borrower State

NJ

Borrower Zip

08840-1823

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56638.00

Current Approval Amount

56638.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Metuchen

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08840-1823

CD

NJ-06

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56637.00

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

Corporation

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57027.48

Forgiveness Date

11/10/2021

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