PPP Loan information for L&b cartage, inc.

$380,000

L&b cartage, inc. was initially approved for PPP Loan of amount $380,000, the current approved amount is $380,000. The loan was approved on 04/07/2020 by The 1st State Bank reported 42 jobs and $380,000 was used to fund payroll.

L&b cartage, inc. is Existing or more than 2 years old

L&B CARTAGE, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

L&B CARTAGE, INC.

Borrower Address

5425 DIXIE HWY

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48601-5502

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

380000.00

Current Approval Amount

380000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378002

Servicing Lender Name

1st State Bank

Servicing Lender Address

4800 Fashion Square Blvd, Ste 100

Servicing Lender City

SAGINAW

Servicing Lender State

MI

Servicing Lender Zip

48604-2619

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48601-5502

CD

MI-08

Jobs Reported

42

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304000.00

Mortgage Interest Proceed

0.00

Rent Proceed

76000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

378002

Originating Lender

1st State Bank

Originating Lender City

SAGINAW

Originating Lender State

MI

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

383662.78

Forgiveness Date

03/31/2021

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