PPP Loan information for Lorik tool incorporated

$342,070

Lorik tool incorporated was initially approved for PPP Loan of amount $342,070, the current approved amount is $342,070. The loan was approved on 01/22/2021 by The First Farmers and Merchants Bank reported 22 jobs and $342,070 was used to fund payroll.

Lorik tool incorporated is Existing or more than 2 years old

PPP Loan Search / TN / Lawrenceburg / Lorik tool incorporated

LORIK TOOL INCORPORATED

Date Approved

01/22/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

LORIK TOOL INCORPORATED

Borrower Address

2003 Liberty Ave

Borrower City

Lawrenceburg

Borrower State

TN

Borrower Zip

38464-4604

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342070.00

Current Approval Amount

342070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lawrenceburg

Project County Name

LAWRENCE

Project State

TN

Project Zip

38464-4604

CD

TN-07

Jobs Reported

22

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

342067.00

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

Subchapter S Corporation

Originating Lender Location Id

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343694.83

Forgiveness Date

07/20/2021

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