PPP Loan information for L & i inc

$300,860

L & i inc was initially approved for PPP Loan of amount $300,860, the current approved amount is $300,860. The loan was approved on 03/26/2021 by The Touchmark National Bank reported 40 jobs and $300,860 was used to fund payroll.

L & i inc is Existing or more than 2 years old

L & I INC

Date Approved

03/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

L & I INC

Borrower Address

61 Depot Dr

Borrower City

Hiram

Borrower State

GA

Borrower Zip

30141-2732

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300860.00

Current Approval Amount

300860.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

453415

Servicing Lender Name

Touchmark National Bank

Servicing Lender Address

3651 Old Milton Pkwy

Servicing Lender City

ALPHARETTA

Servicing Lender State

GA

Servicing Lender Zip

30005-4487

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hiram

Project County Name

PAULDING

Project State

GA

Project Zip

30141-2732

CD

GA-14

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

300858.00

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

453415

Originating Lender

Touchmark National Bank

Originating Lender City

ALPHARETTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302732.02

Forgiveness Date

11/10/2021

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