PPP Loan information for L&t food distributor inc

$294,337

L&t food distributor inc was initially approved for PPP Loan of amount $294,337, the current approved amount is $294,337. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 38 jobs and $294,337 was used to fund payroll.

L&t food distributor inc is New Business or 2 years or less

L&T FOOD DISTRIBUTOR INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

L&T FOOD DISTRIBUTOR INC

Borrower Address

7969 Twist Ln

Borrower City

Springfield

Borrower State

VA

Borrower Zip

22153

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294337.00

Current Approval Amount

294337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Springfield

Project County Name

FAIRFAX

Project State

VA

Project Zip

22153-1000

CD

VA-11

Jobs Reported

38

NAICS Code

445230

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

294337.00

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

Subchapter S Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

297917.43

Forgiveness Date

07/22/2021

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