PPP Loan information for L&b auto inc

$105,200

L&b auto inc was initially approved for PPP Loan of amount $105,200, the current approved amount is $105,200. The loan was approved on 04/10/2020 by The First National Bank reported 17 jobs and $105,200 was used to fund payroll.

L&b auto inc is Existing or more than 2 years old

PPP Loan Search / VA / RUSTBURG / L&b auto inc

L&B AUTO INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

L&B AUTO INC

Borrower Address

955 browns mill road

Borrower City

RUSTBURG

Borrower State

VA

Borrower Zip

24588-4326

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105200.00

Current Approval Amount

105200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73069

Servicing Lender Name

First National Bank

Servicing Lender Address

622 Broad St

Servicing Lender City

ALTAVISTA

Servicing Lender State

VA

Servicing Lender Zip

24517-1830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTBURG

Project County Name

CAMPBELL

Project State

VA

Project Zip

24588-4326

CD

VA-05

Jobs Reported

17

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105200.00

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

73069

Originating Lender

First National Bank

Originating Lender City

ALTAVISTA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105898.41

Forgiveness Date

12/17/2020

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