Lan-Tel Communications INC

$895,600 PPP Loan in Independence, Missouri

Loan Details

Loan Number
2534197107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$895,600
Current Approval
$895,600
Forgiveness Amount
$900,998
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lan-Tel Communications INC
Address
520 N State Route 7
ZIP Code
64056-3806
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$22.3M
Rural/Urban
Urban
Congressional District
MO-05

Loan Use Breakdown

Payroll
$750,000
Rent
$40,600
Utilities
$75,000
Mortgage Interest
$30,000

Lender Information

Servicing Lender
The Central Trust Bank
Originating Lender
The Central Trust Bank

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