PPP Loan information for Labonte enterprises, inc.

$113,700

Labonte enterprises, inc. was initially approved for PPP Loan of amount $113,700, the current approved amount is $113,700. The loan was approved on 04/11/2020 by The Upper Peninsula State Bank reported 37 jobs and $113,700 was used to fund payroll.

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

LABONTE ENTERPRISES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LABONTE ENTERPRISES, INC.

Borrower Address

6380 N 11th Street

Borrower City

WELLS

Borrower State

MI

Borrower Zip

49894-9739

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113700.00

Current Approval Amount

113700.00

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

49894-9739

CD

MI-01

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4900.00

Payroll Proceed

96730.00

Mortgage Interest Proceed

12070.00

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

114693.71

Forgiveness Date

03/02/2021

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