PPP Loan information for Lorenz appliance, inc.

$142,514

Lorenz appliance, inc. was initially approved for PPP Loan of amount $142,514, the current approved amount is $142,514. The loan was approved on 04/13/2020 by The Town Center Bank reported 19 jobs and $142,514 was used to fund payroll.

Lorenz appliance, inc. is Existing or more than 2 years old

LORENZ APPLIANCE, INC.

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LORENZ APPLIANCE, INC.

Borrower Address

18320 GOVERNORS HWY

Borrower City

HOMEWOOD

Borrower State

IL

Borrower Zip

60430-2910

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142514.32

Current Approval Amount

142514.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443578

Servicing Lender Name

Town Center Bank

Servicing Lender Address

20181 S LaGrange Rd

Servicing Lender City

FRANKFORT

Servicing Lender State

IL

Servicing Lender Zip

60423-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOMEWOOD

Project County Name

COOK

Project State

IL

Project Zip

60430-2910

CD

IL-02

Jobs Reported

19

NAICS Code

443141

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

142514.32

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

443578

Originating Lender

Town Center Bank

Originating Lender City

FRANKFORT

Originating Lender State

IL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143634.64

Forgiveness Date

02/02/2021

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