PPP Loan information for Lrc development corporation

$184,050

Lrc development corporation was initially approved for PPP Loan of amount $184,050, the current approved amount is $184,050. The loan was approved on 02/17/2021 by The TD Bank, National Association reported 16 jobs and $184,050 was used to fund payroll.

Lrc development corporation is Existing or more than 2 years old

LRC DEVELOPMENT CORPORATION

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LRC DEVELOPMENT CORPORATION

Borrower Address

990 N Washington Ave Ste 3

Borrower City

Green Brook

Borrower State

NJ

Borrower Zip

08812-2635

Loan Status Date

09/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

184050.00

Current Approval Amount

184050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Green Brook

Project County Name

SOMERSET

Project State

NJ

Project Zip

08812-2635

CD

NJ-07

Jobs Reported

16

NAICS Code

236220

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

184045.00

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

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186785.19

Forgiveness Date

08/15/2022

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