PPP Loan information for Lb industries inc

$177,658

Lb industries inc was initially approved for PPP Loan of amount $177,658, the current approved amount is $177,658. The loan was approved on 04/29/2020 by The Fulton Bank, National Association reported 12 jobs and $177,658 was used to fund payroll.

Lb industries inc is Existing or more than 2 years old

LB INDUSTRIES INC

Date Approved

04/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LB INDUSTRIES INC

Borrower Address

2290 Wassergass Road

Borrower City

Hellertown

Borrower State

PA

Borrower Zip

18055

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177657.50

Current Approval Amount

177657.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hellertown

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18055-0001

CD

PA-07

Jobs Reported

12

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22207.19

Payroll Proceed

133243.13

Mortgage Interest Proceed

22207.18

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178792.53

Forgiveness Date

12/17/2020

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