PPP Loan information for Lorenz wholesale company

$236,060

Lorenz wholesale company was initially approved for PPP Loan of amount $236,060, the current approved amount is $236,060. The loan was approved on 04/06/2020 by The First Neighbor Bank, National Association reported 20 jobs and $236,060 was used to fund payroll.

Lorenz wholesale company is Existing or more than 2 years old

LORENZ WHOLESALE COMPANY

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LORENZ WHOLESALE COMPANY

Borrower Address

113 S. 21st St

Borrower City

MATTOON

Borrower State

IL

Borrower Zip

61938-3701

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236060.00

Current Approval Amount

236060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22712

Servicing Lender Name

First Neighbor Bank, National Association

Servicing Lender Address

201 N Meridian

Servicing Lender City

TOLEDO

Servicing Lender State

IL

Servicing Lender Zip

62468-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATTOON

Project County Name

COLES

Project State

IL

Project Zip

61938-3701

CD

IL-15

Jobs Reported

20

NAICS Code

423850

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236060.00

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

22712

Originating Lender

First Neighbor Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

237366.41

Forgiveness Date

11/03/2020

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