PPP Loan information for Lamar inc

$343,730

Lamar inc was initially approved for PPP Loan of amount $343,730, the current approved amount is $343,730. The loan was approved on 04/09/2020 by The First Horizon Bank reported 91 jobs and $343,730 was used to fund payroll.

Lamar inc is Existing or more than 2 years old

PPP Loan Search / NC / NEWTON / Lamar inc

LAMAR INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAMAR INC

Borrower Address

3262 STONESTHROW DR

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658-8710

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343730.00

Current Approval Amount

343730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-8710

CD

NC-10

Jobs Reported

91

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5500.00

Payroll Proceed

324230.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

345964.24

Forgiveness Date

12/15/2020

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