PPP Loan information for Lorrich industries

$85,300

Lorrich industries was initially approved for PPP Loan of amount $85,341, the current approved amount is $85,300. The loan was approved on 04/15/2020 by The Choice Financial Group reported 9 jobs and $85,300 was used to fund payroll.

Lorrich industries is Existing or more than 2 years old

LORRICH INDUSTRIES

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

LORRICH INDUSTRIES

Borrower Address

9265 Hwy 89

Borrower City

CAVALIER

Borrower State

ND

Borrower Zip

58220-9310

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85340.77

Current Approval Amount

85300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAVALIER

Project County Name

PEMBINA

Project State

ND

Project Zip

58220-9310

CD

ND-

Jobs Reported

9

NAICS Code

332420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85300.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85816.47

Forgiveness Date

12/02/2020

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