PPP Loan information for Lorex inc

$89,406

Lorex inc was initially approved for PPP Loan of amount $89,406, the current approved amount is $89,406. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 6 jobs and $89,406 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

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LOREX INC

Borrower Address

18324 JOPLIN ST NW

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89406.00

Current Approval Amount

89406.00

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

U

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

55330-0001

CD

MN-06

Jobs Reported

6

NAICS Code

541860

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89406.00

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

83892.54

Forgiveness Date

12/04/2020

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