PPP Loan information for Lantern inc.

$316,939

Lantern inc. was initially approved for PPP Loan of amount $316,939, the current approved amount is $316,939. The loan was approved on 01/27/2021 by The Pinnacle Bank reported 36 jobs and $316,939 was used to fund payroll.

Lantern inc. is Existing or more than 2 years old

PPP Loan Search / NC / Chapel Hill / Lantern inc.

LANTERN INC.

Date Approved

01/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LANTERN INC.

Borrower Address

423 W Franklin St

Borrower City

Chapel Hill

Borrower State

NC

Borrower Zip

27516-2314

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

316939.00

Current Approval Amount

316939.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chapel Hill

Project County Name

ORANGE

Project State

NC

Project Zip

27516-2314

CD

NC-04

Jobs Reported

36

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

316934.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320577.29

Forgiveness Date

03/24/2022

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