PPP Loan information for Labor team usa inc

$646,230

Labor team usa inc was initially approved for PPP Loan of amount $646,230, the current approved amount is $646,230. The loan was approved on 04/15/2021 by The Republic First Bank d/b/a Republic Bank reported 96 jobs and $646,230 was used to fund payroll.

Labor team usa inc is Existing or more than 2 years old

LABOR TEAM USA INC

Date Approved

04/15/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LABOR TEAM USA INC

Borrower Address

2508 Federal St # B

Borrower City

Camden

Borrower State

NJ

Borrower Zip

08105-1934

Loan Status Date

04/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

646230.00

Current Approval Amount

646230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Camden

Project County Name

CAMDEN

Project State

NJ

Project Zip

08105-1934

CD

NJ-01

Jobs Reported

96

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

646225.00

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

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

651966.40

Forgiveness Date

03/10/2022

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