PPP Loan information for Lara and company inc

$42,585

Lara and company inc was initially approved for PPP Loan of amount $42,585, the current approved amount is $42,585. The loan was approved on 04/10/2020 by The State Bank & Trust reported 8 jobs and $42,585 was used to fund payroll.

Lara and company inc is Existing or more than 2 years old

LARA AND COMPANY INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LARA AND COMPANY INC

Borrower Address

402 1ST AVE E

Borrower City

REFORM

Borrower State

AL

Borrower Zip

35481-2258

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42585.00

Current Approval Amount

42585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3379

Servicing Lender Name

State Bank & Trust

Servicing Lender Address

1945 US Hwy 43

Servicing Lender City

WINFIELD

Servicing Lender State

AL

Servicing Lender Zip

35594-5158

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

REFORM

Project County Name

PICKENS

Project State

AL

Project Zip

35481-2258

CD

AL-07

Jobs Reported

8

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5323.00

Payroll Proceed

33965.00

Mortgage Interest Proceed

3297.00

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

3379

Originating Lender

State Bank & Trust

Originating Lender City

WINFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42954.07

Forgiveness Date

02/17/2021

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