PPP Loan information for Lormax rehabilitation and health care inc.

$342,500

Lormax rehabilitation and health care inc. was initially approved for PPP Loan of amount $342,500, the current approved amount is $342,500. The loan was approved on 04/15/2020 by The Commerce Bank reported 19 jobs and $342,500 was used to fund payroll.

Lormax rehabilitation and health care inc. is Existing or more than 2 years old

PPP Loan Search / MO / ARNOLD / Lormax rehabilitation and health care inc.

LORMAX REHABILITATION AND HEALTH CARE INC.

Date Approved

04/15/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

LORMAX REHABILITATION AND HEALTH CARE INC.

Borrower Address

3488 Jeffco Blvd Ste 102

Borrower City

ARNOLD

Borrower State

MO

Borrower Zip

63010

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

342500.00

Current Approval Amount

342500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARNOLD

Project County Name

JEFFERSON

Project State

MO

Project Zip

63010-0001

CD

MO-08

Jobs Reported

19

NAICS Code

621340

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

77568.36

Payroll Proceed

256931.64

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

345278.06

Forgiveness Date

02/11/2021

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