PPP Loan information for Laec incorporated

$494,005

Laec incorporated was initially approved for PPP Loan of amount $494,005, the current approved amount is $494,005. The loan was approved on 04/14/2020 by The City National Bank reported 57 jobs and $494,005 was used to fund payroll.

Laec incorporated is Existing or more than 2 years old

PPP Loan Search / CA / BURBANK / Laec incorporated

LAEC INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LAEC INCORPORATED

Borrower Address

480 W. RIVERSIDE DR

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91506-3209

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

494005.00

Current Approval Amount

494005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91506-3209

CD

CA-30

Jobs Reported

57

NAICS Code

115210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

43547.50

Payroll Proceed

395204.00

Mortgage Interest Proceed

0.00

Rent Proceed

55253.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

499310.48

Forgiveness Date

05/27/2021

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