PPP Loan information for Lofta inc.

$79,300

Lofta inc. was initially approved for PPP Loan of amount $79,300, the current approved amount is $79,300. The loan was approved on 04/06/2020 by The American Community Bank of Indiana reported 5 jobs and $79,300 was used to fund payroll.

Lofta inc. is Existing or more than 2 years old

PPP Loan Search / IN / SCHERERVILLE / Lofta inc.

LOFTA INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LOFTA INC.

Borrower Address

2041 US HIGHWAY 41

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375-2801

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79300.00

Current Approval Amount

79300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84416

Servicing Lender Name

American Community Bank of Indiana

Servicing Lender Address

8230 Hohman Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-1516

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-2801

CD

IN-01

Jobs Reported

5

NAICS Code

423120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3965.00

Payroll Proceed

67405.00

Mortgage Interest Proceed

0.00

Rent Proceed

7930.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84416

Originating Lender

American Community Bank of Indiana

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

80112.83

Forgiveness Date

04/20/2021

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