PPP Loan information for Michael l lane

$7,888

Michael l lane was initially approved for PPP Loan of amount $5,700, the current approved amount is $7,888. The loan was approved on 04/15/2020 by The Commerce Bank reported 1 jobs and $7,888 was used to fund payroll.

Michael l lane is Existing or more than 2 years old

MICHAEL L LANE

Date Approved

04/15/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

MICHAEL L LANE

Borrower Address

30040 Route 66

Borrower City

RICHLAND

Borrower State

MO

Borrower Zip

65556

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5700.00

Current Approval Amount

7887.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

PULASKI

Project State

MO

Project Zip

65556-0001

CD

MO-04

Jobs Reported

1

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

7387.50

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

Sole Proprietorship

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7978.43

Forgiveness Date

06/10/2021

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