PPP Loan information for Labor force inc

$298,592

Labor force inc was initially approved for PPP Loan of amount $298,592, the current approved amount is $298,592. The loan was approved on 03/23/2021 by The American Bank and Trust Company, National Association reported 187 jobs and $298,592 was used to fund payroll.

Labor force inc is Existing or more than 2 years old

LABOR FORCE INC

Date Approved

03/23/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

LABOR FORCE INC

Borrower Address

1970 Spruce Hills Dr

Borrower City

Bettendorf

Borrower State

IA

Borrower Zip

52722-2681

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

298592.00

Current Approval Amount

298592.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123981

Servicing Lender Name

American Bank and Trust Company, National Association

Servicing Lender Address

4301 E 53rd St

Servicing Lender City

DAVENPORT

Servicing Lender State

IA

Servicing Lender Zip

52807-3861

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bettendorf

Project County Name

SCOTT

Project State

IA

Project Zip

52722-2681

CD

IA-01

Jobs Reported

187

NAICS Code

561320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298592.00

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

123981

Originating Lender

American Bank and Trust Company, National Association

Originating Lender City

DAVENPORT

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

300267.43

Forgiveness Date

10/21/2021

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