PPP Loan information for Lorco of maryland, llc

$268,254

Lorco of maryland, llc was initially approved for PPP Loan of amount $268,254, the current approved amount is $268,254. The loan was approved on 04/14/2020 by The Valley National Bank reported 20 jobs and $268,254 was used to fund payroll.

Lorco of maryland, llc is Existing or more than 2 years old

LORCO OF MARYLAND, LLC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LORCO OF MARYLAND, LLC

Borrower Address

171 CHILDS RD

Borrower City

ELKTON

Borrower State

MD

Borrower Zip

21921-3507

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

268254.00

Current Approval Amount

268254.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKTON

Project County Name

CECIL

Project State

MD

Project Zip

21921-3507

CD

MD-01

Jobs Reported

20

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

268254.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271115.38

Forgiveness Date

05/11/2021

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