PPP Loan information for Loring electric corp.

$19,290

Loring electric corp. was initially approved for PPP Loan of amount $19,290, the current approved amount is $19,290. The loan was approved on 02/25/2021 by The Fountainhead SBF LLC reported 3 jobs and $19,290 was used to fund payroll.

Loring electric corp. is Existing or more than 2 years old

LORING ELECTRIC CORP.

Date Approved

02/25/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LORING ELECTRIC CORP.

Borrower Address

58 Taylortown Rd

Borrower City

Montville

Borrower State

NJ

Borrower Zip

07045-9765

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

19290.00

Current Approval Amount

19290.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montville

Project County Name

MORRIS

Project State

NJ

Project Zip

07045-9765

CD

NJ-11

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

19290.00

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

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

19386.99

Forgiveness Date

09/02/2021

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