PPP Loan information for Labonte enterprises inc.

$159,300

Labonte enterprises inc. was initially approved for PPP Loan of amount $159,300, the current approved amount is $159,300. The loan was approved on 01/19/2021 by The Upper Peninsula State Bank reported 39 jobs and $159,300 was used to fund payroll.

Labonte enterprises inc. is Existing or more than 2 years old

LABONTE ENTERPRISES INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LABONTE ENTERPRISES INC.

Borrower Address

6380 N 11th Street

Borrower City

Wells

Borrower State

MI

Borrower Zip

49894

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159300.00

Current Approval Amount

159300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34514

Servicing Lender Name

Upper Peninsula State Bank

Servicing Lender Address

430 N Lincoln Rd

Servicing Lender City

ESCANABA

Servicing Lender State

MI

Servicing Lender Zip

49829-1365

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wells

Project County Name

DELTA

Project State

MI

Project Zip

49894

CD

MI-01

Jobs Reported

39

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159298.00

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

Subchapter S Corporation

Originating Lender Location Id

34514

Originating Lender

Upper Peninsula State Bank

Originating Lender City

ESCANABA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

161224.69

Forgiveness Date

04/11/2022

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