PPP Loan information for Lb insurance, inc.

$103,380

Lb insurance, inc. was initially approved for PPP Loan of amount $103,380, the current approved amount is $103,380. The loan was approved on 04/05/2020 by The BankNorth reported 10 jobs and $103,380 was used to fund payroll.

Lb insurance, inc. is Existing or more than 2 years old

LB INSURANCE, INC.

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LB INSURANCE, INC.

Borrower Address

5 West Main St

Borrower City

WARNER

Borrower State

SD

Borrower Zip

57479-2012

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103380.00

Current Approval Amount

103380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52663

Servicing Lender Name

BankNorth

Servicing Lender Address

340 Main St

Servicing Lender City

ARTHUR

Servicing Lender State

ND

Servicing Lender Zip

58006

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARNER

Project County Name

BROWN

Project State

SD

Project Zip

57479-2012

CD

SD-

Jobs Reported

10

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103380.00

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

Corporation

Originating Lender Location Id

52663

Originating Lender

BankNorth

Originating Lender City

ARTHUR

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

104086.43

Forgiveness Date

12/16/2020

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