PPP Loan information for L & m sand and gravel, inc.

$58,300

L & m sand and gravel, inc. was initially approved for PPP Loan of amount $58,300, the current approved amount is $58,300. The loan was approved on 04/06/2020 by The Northwest Bank reported 5 jobs and $58,300 was used to fund payroll.

L & m sand and gravel, inc. is Existing or more than 2 years old

PPP Loan Search / IA / LE MARS / L & m sand and gravel, inc.

L & M SAND AND GRAVEL, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

L & M SAND AND GRAVEL, INC.

Borrower Address

595 4th Ave NE

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58300.00

Current Approval Amount

58300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-0001

CD

IA-04

Jobs Reported

5

NAICS Code

238290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

52800.00

Mortgage Interest Proceed

3000.00

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

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58784.21

Forgiveness Date

02/10/2021

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