PPP Loan information for Loring & co. inc.

$159,987

Loring & co. inc. was initially approved for PPP Loan of amount $159,987, the current approved amount is $159,987. The loan was approved on 03/31/2021 by The United Community Bank reported 9 jobs and $159,987 was used to fund payroll.

Loring & co. inc. is Existing or more than 2 years old

LORING & CO. INC.

Date Approved

03/31/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

LORING & CO. INC.

Borrower Address

800 Airport Rd SW

Borrower City

Huntsville

Borrower State

AL

Borrower Zip

35802-1350

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159987.10

Current Approval Amount

159987.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntsville

Project County Name

MADISON

Project State

AL

Project Zip

35802-1350

CD

AL-05

Jobs Reported

9

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

159984.10

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161715.85

Forgiveness Date

05/09/2022

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