PPP Loan information for Lagbao inc

$38,367

Lagbao inc was initially approved for PPP Loan of amount $38,367, the current approved amount is $38,367. The loan was approved on 06/01/2020 by The Celtic Bank Corporation reported 13 jobs and $38,367 was used to fund payroll.

Lagbao inc is Existing or more than 2 years old

LAGBAO INC

Date Approved

06/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

LAGBAO INC

Borrower Address

15888 Southeast Happy Valley Town Center Drive

Borrower City

Happy Valley

Borrower State

OR

Borrower Zip

97086-4252

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38367.00

Current Approval Amount

38367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Happy Valley

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97086-4252

CD

OR-03

Jobs Reported

13

NAICS Code

721199

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4795.88

Payroll Proceed

28775.24

Mortgage Interest Proceed

0.00

Rent Proceed

4795.88

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38800.07

Forgiveness Date

07/22/2021

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