PPP Loan information for Lavco food services, inc

$341,000

Lavco food services, inc was initially approved for PPP Loan of amount $341,000, the current approved amount is $341,000. The loan was approved on 04/03/2020 by The Peoples Exchange Bank reported 84 jobs and $341,000 was used to fund payroll.

Lavco food services, inc is Existing or more than 2 years old

LAVCO FOOD SERVICES, INC

Date Approved

04/03/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

LAVCO FOOD SERVICES, INC

Borrower Address

110 KNOX STREET, SUITE B

Borrower City

BARBOURVILLE

Borrower State

KY

Borrower Zip

40906-1426

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341000.00

Current Approval Amount

341000.00

Undisbursed Amount

0.00

Franchise Name

Arby's

Servicing Lender Location Id

26796

Servicing Lender Name

Peoples Exchange Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

WINCHESTER

Servicing Lender State

KY

Servicing Lender Zip

40391-2607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BARBOURVILLE

Project County Name

KNOX

Project State

KY

Project Zip

40906-1426

CD

KY-05

Jobs Reported

84

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

341000.00

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

26796

Originating Lender

Peoples Exchange Bank

Originating Lender City

WINCHESTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

336073.60

Forgiveness Date

12/09/2020

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