PPP Loan information for Lai enterprises

$45,990

Lai enterprises was initially approved for PPP Loan of amount $45,990, the current approved amount is $45,990. The loan was approved on 01/20/2021 by The The First Bank and Trust Company reported 7 jobs and $45,990 was used to fund payroll.

Lai enterprises is Existing or more than 2 years old

LAI ENTERPRISES

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LAI ENTERPRISES

Borrower Address

2795 George Washington Memorial Hwy

Borrower City

Hayes

Borrower State

VA

Borrower Zip

23072-3400

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45989.65

Current Approval Amount

45989.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hayes

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23072-3400

CD

VA-01

Jobs Reported

7

NAICS Code

541890

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

45987.65

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

Limited Liability Company(LLC)

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46597.74

Forgiveness Date

05/26/2022

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