PPP Loan information for Labeau bros. inc.

$430,107

Labeau bros. inc. was initially approved for PPP Loan of amount $430,107, the current approved amount is $430,107. The loan was approved on 02/13/2021 by The First Trust Bank of Illinois reported 31 jobs and $430,107 was used to fund payroll.

Labeau bros. inc. is Existing or more than 2 years old

LABEAU BROS. INC.

Date Approved

02/13/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LABEAU BROS. INC.

Borrower Address

2400 E Court St

Borrower City

Kankakee

Borrower State

IL

Borrower Zip

60901-2810

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

430107.00

Current Approval Amount

430107.00

Undisbursed Amount

0.00

Franchise Name

Peterbilt Motors Company -Dealer Sales and Service Agreement

Servicing Lender Location Id

123046

Servicing Lender Name

First Trust Bank of Illinois

Servicing Lender Address

275 E Court St

Servicing Lender City

KANKAKEE

Servicing Lender State

IL

Servicing Lender Zip

60901-3838

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kankakee

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-2810

CD

IL-02

Jobs Reported

31

NAICS Code

441228

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

430105.00

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

123046

Originating Lender

First Trust Bank of Illinois

Originating Lender City

KANKAKEE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

433702.16

Forgiveness Date

12/17/2021

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