PPP Loan information for Lo & to inc

$88,175

Lo & to inc was initially approved for PPP Loan of amount $88,175, the current approved amount is $88,175. The loan was approved on 02/24/2021 by The Machias Savings Bank reported 9 jobs and $88,175 was used to fund payroll.

Lo & to inc is Existing or more than 2 years old

LO & TO INC

Date Approved

02/24/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

LO & TO INC

Borrower Address

492 Wilson St

Borrower City

Brewer

Borrower State

ME

Borrower Zip

04412-1419

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88174.97

Current Approval Amount

88174.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brewer

Project County Name

PENOBSCOT

Project State

ME

Project Zip

04412-1419

CD

ME-02

Jobs Reported

9

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

88168.97

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

Subchapter S Corporation

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88696.67

Forgiveness Date

10/04/2021

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