PPP Loan information for Lags advertising, inc

$224,450

Lags advertising, inc was initially approved for PPP Loan of amount $224,450, the current approved amount is $224,450. The loan was approved on 06/16/2020 by The Celtic Bank Corporation reported 12 jobs and $224,450 was used to fund payroll.

Lags advertising, inc is Existing or more than 2 years old

LAGS ADVERTISING, INC

Date Approved

06/16/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LAGS ADVERTISING, INC

Borrower Address

12939 OXNARD ST

Borrower City

VAN NUYS

Borrower State

CA

Borrower Zip

91401-4105

Loan Status Date

12/18/2021

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

224450.00

Current Approval Amount

224450.00

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

VAN NUYS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91401-4105

CD

CA-29

Jobs Reported

12

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28056.25

Payroll Proceed

168337.50

Mortgage Interest Proceed

0.00

Rent Proceed

28056.25

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;