PPP Loan information for Lawrence brothers incorporated

$524,910

Lawrence brothers incorporated was initially approved for PPP Loan of amount $524,910, the current approved amount is $524,910. The loan was approved on 03/12/2021 by The Truist Bank reported 80 jobs and $524,910 was used to fund payroll.

Lawrence brothers incorporated is Existing or more than 2 years old

LAWRENCE BROTHERS INCORPORATED

Date Approved

03/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LAWRENCE BROTHERS INCORPORATED

Borrower Address

203 Lawrence Rd

Borrower City

Bluefield

Borrower State

VA

Borrower Zip

24605-9069

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524910.00

Current Approval Amount

524910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluefield

Project County Name

TAZEWELL

Project State

VA

Project Zip

24605-9069

CD

VA-09

Jobs Reported

80

NAICS Code

332322

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

524908.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

526980.48

Forgiveness Date

08/13/2021

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