PPP Loan information for Lao pot inc

$117,845

Lao pot inc was initially approved for PPP Loan of amount $117,845, the current approved amount is $117,845. The loan was approved on 05/20/2020 by The WebBank reported 26 jobs and $117,845 was used to fund payroll.

Lao pot inc is New Business or 2 years or less

LAO POT INC

Date Approved

05/20/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAO POT INC

Borrower Address

32707 JOHN R RD

Borrower City

MADISON HTS

Borrower State

MI

Borrower Zip

48071-4731

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117845.00

Current Approval Amount

117845.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MADISON HTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-4731

CD

MI-11

Jobs Reported

26

NAICS Code

722310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117845.00

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

Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119062.73

Forgiveness Date

06/01/2021

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