PPP Loan information for Depot lbx, inc.

$223,600

Depot lbx, inc. was initially approved for PPP Loan of amount $223,600, the current approved amount is $223,600. The loan was approved on 04/05/2020 by The Bank of the James reported 40 jobs and $223,600 was used to fund payroll.

Depot lbx, inc. is Existing or more than 2 years old

PPP Loan Search / VA / LYNCHBURG / Depot lbx, inc.

DEPOT LBX, INC.

Date Approved

04/05/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DEPOT LBX, INC.

Borrower Address

10 Ninth St

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24504-1425

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223600.00

Current Approval Amount

223600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124096

Servicing Lender Name

Bank of the James

Servicing Lender Address

828 Main St

Servicing Lender City

LYNCHBURG

Servicing Lender State

VA

Servicing Lender Zip

24504-1500

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24504-1425

CD

VA-05

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

223600.00

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

Corporation

Originating Lender Location Id

124096

Originating Lender

Bank of the James

Originating Lender City

LYNCHBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214834.13

Forgiveness Date

11/03/2020

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