Lainiere De Picardie Incorporated

$790,200 PPP Loan in Langhorne, Pennsylvania

Loan Details

Loan Number
1097327203
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$790,200
Current Approval
$790,200
Forgiveness Amount
$798,665
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lainiere De Picardie Incorporated
Address
835 Wheeler Way #a
ZIP Code
19047
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424310)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$5.9M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$650,989
Rent
$43,883
Utilities
$6,710
Health Care
$58,962
Debt Interest
$29,656

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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