PPP Loan information for Lorshi systems, llc

$607,700

Lorshi systems, llc was initially approved for PPP Loan of amount $607,700, the current approved amount is $607,700. The loan was approved on 04/27/2020 by The Lake Michigan CU reported 31 jobs and $607,700 was used to fund payroll.

Lorshi systems, llc is Existing or more than 2 years old

LORSHI SYSTEMS, LLC

Date Approved

04/27/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LORSHI SYSTEMS, LLC

Borrower Address

1039 Sterling Road Suite 202

Borrower City

HERNDON

Borrower State

VA

Borrower Zip

20170-3840

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

607700.00

Current Approval Amount

607700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERNDON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20170-3840

CD

VA-11

Jobs Reported

31

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

607700.00

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

Subchapter S Corporation

Originating Lender Location Id

111774

Originating Lender

Pilot Bank

Originating Lender City

TAMPA

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

610772.26

Forgiveness Date

11/05/2020

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