Date Approved
04/06/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
LAYSAN BIO, INC
Borrower Address
1560 TOWER DR
Borrower City
ARAB
Borrower State
AL
Borrower Zip
35016-3966
Loan Status Date
12/15/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
224722.00
Current Approval Amount
208084.89
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
19133
Servicing Lender Name
United Community Bank
Servicing Lender Address
177 Hwy 515 E
Servicing Lender City
BLAIRSVILLE
Servicing Lender State
GA
Servicing Lender Zip
30512-8579
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MARSHALL
Project State
Project Zip
CD
AL-04
Jobs Reported
16
NAICS Code
325412
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
209252.48
Forgiveness Date
11/03/2020