PPP Loan information for Lorex inc.

$75,610

Lorex inc. was initially approved for PPP Loan of amount $75,610, the current approved amount is $75,610. The loan was approved on 03/20/2021 by The U.S. Bank, National Association reported 6 jobs and $75,610 was used to fund payroll.

Lorex inc. is Existing or more than 2 years old

PPP Loan Search / MN / Elk River / Lorex inc.

LOREX INC.

Date Approved

03/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LOREX INC.

Borrower Address

18324 Joplin St NW

Borrower City

Elk River

Borrower State

MN

Borrower Zip

55330-1773

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75610.00

Current Approval Amount

75610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elk River

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-1773

CD

MN-06

Jobs Reported

6

NAICS Code

541860

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75606.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75895.64

Forgiveness Date

08/06/2021

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