PPP Loan information for The lorenz corporation

$791,900

The lorenz corporation was initially approved for PPP Loan of amount $791,900, the current approved amount is $791,900. The loan was approved on 04/06/2020 by The Peoples Bank reported 58 jobs and $791,900 was used to fund payroll.

The lorenz corporation is Existing or more than 2 years old

THE LORENZ CORPORATION

Date Approved

04/06/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

THE LORENZ CORPORATION

Borrower Address

501 E 3RD ST

Borrower City

DAYTON

Borrower State

OH

Borrower Zip

45402-2165

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

791900.00

Current Approval Amount

791900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAYTON

Project County Name

MONTGOMERY

Project State

OH

Project Zip

45402-2165

CD

OH-10

Jobs Reported

58

NAICS Code

512230

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26900.00

Payroll Proceed

670000.00

Mortgage Interest Proceed

0.00

Rent Proceed

95000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

800478.92

Forgiveness Date

05/18/2021

;