PPP Loan information for Lovelace pump company, inc.

$197,027

Lovelace pump company, inc. was initially approved for PPP Loan of amount $197,027, the current approved amount is $197,027. The loan was approved on 04/14/2020 by The Woodford State Bank reported 15 jobs and $197,027 was used to fund payroll.

Lovelace pump company, inc. is Existing or more than 2 years old

LOVELACE PUMP COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LOVELACE PUMP COMPANY, INC.

Borrower Address

9914 COUNTY ROAD M

Borrower City

ARGYLE

Borrower State

WI

Borrower Zip

53504-9712

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197027.00

Current Approval Amount

197027.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77099

Servicing Lender Name

Woodford State Bank

Servicing Lender Address

403 W 8th St

Servicing Lender City

MONROE

Servicing Lender State

WI

Servicing Lender Zip

53566-1063

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARGYLE

Project County Name

LAFAYETTE

Project State

WI

Project Zip

53504-9712

CD

WI-02

Jobs Reported

15

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9851.40

Payroll Proceed

177324.20

Mortgage Interest Proceed

9851.40

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

77099

Originating Lender

Woodford State Bank

Originating Lender City

MONROE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

198268.54

Forgiveness Date

12/08/2020

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