PPP Loan information for Loresco, inc.

$159,250

Loresco, inc. was initially approved for PPP Loan of amount $159,250, the current approved amount is $159,250. The loan was approved on 04/05/2020 by The The First Bank reported 15 jobs and $159,250 was used to fund payroll.

Loresco, inc. is Existing or more than 2 years old

PPP Loan Search / MS / PURVIS / Loresco, inc.

LORESCO, INC.

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LORESCO, INC.

Borrower Address

875 OLD RICHBURG RD

Borrower City

PURVIS

Borrower State

MS

Borrower Zip

39475-3137

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159250.25

Current Approval Amount

159250.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PURVIS

Project County Name

LAMAR

Project State

MS

Project Zip

39475-3137

CD

MS-04

Jobs Reported

15

NAICS Code

324199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

119437.69

Mortgage Interest Proceed

39812.56

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161382.43

Forgiveness Date

08/11/2021

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