PPP Loan information for Lal acquisition inc

$696,300

Lal acquisition inc was initially approved for PPP Loan of amount $696,300, the current approved amount is $696,300. The loan was approved on 01/29/2021 by The PNC Bank, National Association reported 52 jobs and $696,300 was used to fund payroll.

Lal acquisition inc is Existing or more than 2 years old

LAL ACQUISITION INC

Date Approved

01/29/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

LAL ACQUISITION INC

Borrower Address

9501 S Center Rd

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47302-9443

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

696300.00

Current Approval Amount

696300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47302-9443

CD

IN-05

Jobs Reported

52

NAICS Code

333923

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

696297.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

701328.83

Forgiveness Date

10/20/2021

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