PPP Loan information for Lorenco industries inc.

$124,100

Lorenco industries inc. was initially approved for PPP Loan of amount $124,100, the current approved amount is $124,100. The loan was approved on 03/24/2021 by The Union Savings Bank reported 9 jobs and $124,100 was used to fund payroll.

Lorenco industries inc. is Existing or more than 2 years old

PPP Loan Search / CT / Bethel / Lorenco industries inc.

LORENCO INDUSTRIES INC.

Date Approved

03/24/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

LORENCO INDUSTRIES INC.

Borrower Address

25 Henry St

Borrower City

Bethel

Borrower State

CT

Borrower Zip

06801-2405

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124100.00

Current Approval Amount

124100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16112

Servicing Lender Name

Union Savings Bank

Servicing Lender Address

226 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bethel

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06801-2405

CD

CT-05

Jobs Reported

9

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124100.00

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

16112

Originating Lender

Union Savings Bank

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124934.23

Forgiveness Date

11/24/2021

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