PPP Loan information for Lumax industries inc

$499,119

Lumax industries inc was initially approved for PPP Loan of amount $499,119, the current approved amount is $499,119. The loan was approved on 01/28/2021 by The Reliance Savings Bank d/b/a Reliance Bank reported 42 jobs and $499,119 was used to fund payroll.

Lumax industries inc is Existing or more than 2 years old

PPP Loan Search / PA / Altoona / Lumax industries inc

LUMAX INDUSTRIES INC

Date Approved

01/28/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

LUMAX INDUSTRIES INC

Borrower Address

301 Chestnut Ave

Borrower City

Altoona

Borrower State

PA

Borrower Zip

16601

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

499118.80

Current Approval Amount

499118.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86158

Servicing Lender Name

Reliance Savings Bank d/b/a Reliance Bank

Servicing Lender Address

1119 12th St

Servicing Lender City

ALTOONA

Servicing Lender State

PA

Servicing Lender Zip

16601-3419

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Altoona

Project County Name

BLAIR

Project State

PA

Project Zip

16601

CD

PA-13

Jobs Reported

42

NAICS Code

335122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499116.80

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

86158

Originating Lender

Reliance Savings Bank d/b/a Reliance Bank

Originating Lender City

ALTOONA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502810.91

Forgiveness Date

11/02/2021

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