Lal Acquisition INC

$696,300 PPP Loan in Muncie, Indiana

Loan Details

Loan Number
7979878308
Date Approved
Jan 29, 2021
Loan Status
Paid in Full
Initial Approval
$696,300
Current Approval
$696,300
Forgiveness Amount
$701,329
Forgiveness Date
Oct 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lal Acquisition INC
Address
9501 S Center Rd
City
Muncie
State
Indiana
ZIP Code
47302-9443
Business Type
Corporation
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$696,297
Utilities
$1

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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