PPP Loan information for The lanel companies inc.

$183,318

The lanel companies inc. was initially approved for PPP Loan of amount $183,318, the current approved amount is $183,318. The loan was approved on 01/29/2021 by The Blue Foundry Bank reported 11 jobs and $183,318 was used to fund payroll.

The lanel companies inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Montclair / The lanel companies inc.

THE LANEL COMPANIES INC.

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

THE LANEL COMPANIES INC.

Borrower Address

32 Park St

Borrower City

Montclair

Borrower State

NJ

Borrower Zip

07042-3440

Loan Status Date

01/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183317.50

Current Approval Amount

183317.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85732

Servicing Lender Name

Blue Foundry Bank

Servicing Lender Address

19 Park Avenue

Servicing Lender City

Rutherford

Servicing Lender State

NJ

Servicing Lender Zip

07070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Montclair

Project County Name

ESSEX

Project State

NJ

Project Zip

07042-3440

CD

NJ-11

Jobs Reported

11

NAICS Code

541810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

183314.50

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

85732

Originating Lender

Blue Foundry Bank

Originating Lender City

Rutherford

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

184300.29

Forgiveness Date

08/18/2021

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