PPP Loan information for The lane press inc

$2,000,000

The lane press inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 145 jobs and $2,000,000 was used to fund payroll.

The lane press inc is Existing or more than 2 years old

PPP Loan Search / VT / South Burlington / The lane press inc

THE LANE PRESS INC

Date Approved

01/25/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

THE LANE PRESS INC

Borrower Address

87 Meadowland Dr

Borrower City

South Burlington

Borrower State

VT

Borrower Zip

05403-4401

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Burlington

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05403-4401

CD

VT-

Jobs Reported

145

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023835.62

Forgiveness Date

04/11/2022

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