Lane Engineering, Inc.
$494,000 PPP Loan in Marion, Virginia
Loan Details
- Loan Number
- 5035627006
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $494,000
- Current Approval
- $494,000
- Forgiveness Amount
- $496,815
- Forgiveness Date
- Nov 5, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lane Engineering, Inc.
- Address
- 115 Magnolia Street
- City
- Marion
- State
- Virginia
- ZIP Code
- 24354-4411
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541330)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 34
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- VA-09
Loan Use Breakdown
- Payroll
- $461,384
- Utilities
- $3,000
- Health Care
- $21,700
- Mortgage Interest
- $3,896
- Debt Interest
- $4,020
Lender Information
- Servicing Lender
- The Bank of Marion
- Originating Lender
- The Bank of Marion
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