PPP Loan information for L & b contractors llc

$49,700

L & b contractors llc was initially approved for PPP Loan of amount $49,700, the current approved amount is $49,700. The loan was approved on 04/06/2020 by The Pioneer Bank reported 9 jobs and $49,700 was used to fund payroll.

L & b contractors llc is Existing or more than 2 years old

PPP Loan Search / MN / MADELIA / L & b contractors llc

L & B CONTRACTORS LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

L & B CONTRACTORS LLC

Borrower Address

326 Benzel Ave NW

Borrower City

MADELIA

Borrower State

MN

Borrower Zip

56062-1403

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49700.00

Current Approval Amount

49700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADELIA

Project County Name

WATONWAN

Project State

MN

Project Zip

56062-1403

CD

MN-01

Jobs Reported

9

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50252.22

Forgiveness Date

05/20/2021

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