PPP Loan information for Lb city inc

$613,336

Lb city inc was initially approved for PPP Loan of amount $613,336, the current approved amount is $613,336. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 45 jobs and $613,336 was used to fund payroll.

Lb city inc is Existing or more than 2 years old

LB CITY INC

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LB CITY INC

Borrower Address

50 Laird St

Borrower City

Long Branch

Borrower State

NJ

Borrower Zip

07740-8100

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

613336.00

Current Approval Amount

613336.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Branch

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07740-8100

CD

NJ-06

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

613334.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

620158.31

Forgiveness Date

03/28/2022

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