PPP Loan information for Lornat inc

$479,000

Lornat inc was initially approved for PPP Loan of amount $479,000, the current approved amount is $479,000. The loan was approved on 01/26/2021 by The First National Bank of Pennsylvania reported 52 jobs and $479,000 was used to fund payroll.

Lornat inc is Existing or more than 2 years old

PPP Loan Search / PA / Butler / Lornat inc

LORNAT INC

Date Approved

01/26/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

LORNAT INC

Borrower Address

6105 Old Route 8

Borrower City

Butler

Borrower State

PA

Borrower Zip

16002-0477

Loan Status Date

01/14/2023

Loan Status

Charged Off

Term

36

SBA Guaranty Percentage

100

Initial Approval Amount

479000.00

Current Approval Amount

479000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Butler

Project County Name

BUTLER

Project State

PA

Project Zip

16002-0477

CD

PA-16

Jobs Reported

52

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

478995.00

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

450744.68

Forgiveness Date

06/28/2022

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