PPP Loan information for Lts associate, inc.

$1,566,365

Lts associate, inc. was initially approved for PPP Loan of amount $1,566,365, the current approved amount is $1,566,365. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 180 jobs and $1,566,365 was used to fund payroll.

Lts associate, inc. is New Business or 2 years or less

LTS ASSOCIATE, INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LTS ASSOCIATE, INC.

Borrower Address

109 W PARK DR UNIT C

Borrower City

MOUNT LAUREL

Borrower State

NJ

Borrower Zip

08054-1260

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1566365.00

Current Approval Amount

1566365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MOUNT LAUREL

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08054-1260

CD

NJ-03

Jobs Reported

180

NAICS Code

561621

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1566365.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1579668.37

Forgiveness Date

03/11/2021

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