PPP Loan information for Loring electric corp

$30,042

Loring electric corp was initially approved for PPP Loan of amount $30,042, the current approved amount is $30,042. The loan was approved on 05/27/2021 by The Holy Rosary CU reported 3 jobs and $30,042 was used to fund payroll.

Loring electric corp is Existing or more than 2 years old

LORING ELECTRIC CORP

Date Approved

05/27/2021

SBA Office Code

0299

Processing Method

PPS

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

30041.67

Current Approval Amount

30041.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

100183

Servicing Lender Name

Holy Rosary CU

Servicing Lender Address

533 Campbell St

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-1274

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

30041.67

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

100183

Originating Lender

Holy Rosary CU

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30137.14

Forgiveness Date

09/21/2021

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