PPP Loan information for Luso american co. inc.

$139,917

Luso american co. inc. was initially approved for PPP Loan of amount $139,917, the current approved amount is $139,917. The loan was approved on 01/21/2021 by The Regal Bank reported 12 jobs and $139,917 was used to fund payroll.

Luso american co. inc. is Existing or more than 2 years old

LUSO AMERICAN CO. INC.

Date Approved

01/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LUSO AMERICAN CO. INC.

Borrower Address

66 Union St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07105-1417

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139917.00

Current Approval Amount

139917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452264

Servicing Lender Name

Regal Bank

Servicing Lender Address

570 W Mt Pleasant Ave

Servicing Lender City

LIVINGSTON

Servicing Lender State

NJ

Servicing Lender Zip

07039-1688

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07105-1417

CD

NJ-08

Jobs Reported

12

NAICS Code

511110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

139914.00

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

452264

Originating Lender

Regal Bank

Originating Lender City

LIVINGSTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141009.13

Forgiveness Date

11/01/2021

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