PPP Loan information for Lab development, llc

$1,873,700

Lab development, llc was initially approved for PPP Loan of amount $1,873,700, the current approved amount is $1,873,700. The loan was approved on 04/07/2020 by The BMO Harris Bank National Association reported 124 jobs and $1,873,700 was used to fund payroll.

Lab development, llc is Existing or more than 2 years old

LAB DEVELOPMENT, LLC

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LAB DEVELOPMENT, LLC

Borrower Address

1700 Leider Lane Suite 100

Borrower City

BUFFALO GROVE

Borrower State

IL

Borrower Zip

60089-6622

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1873700.00

Current Approval Amount

1873700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO GROVE

Project County Name

LAKE

Project State

IL

Project Zip

60089-6622

CD

IL-10

Jobs Reported

124

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1873700.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1893207.01

Forgiveness Date

05/03/2021

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