PPP Loan information for Lb metals llc

$2,612,659

Lb metals llc was initially approved for PPP Loan of amount $2,612,659, the current approved amount is $2,612,659. The loan was approved on 04/09/2020 by The Hinsdale Bank & Trust Company, National Association reported 215 jobs and $2,612,659 was used to fund payroll.

Lb metals llc is Existing or more than 2 years old

PPP Loan Search / IL / HARVEY / Lb metals llc

LB METALS LLC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LB METALS LLC

Borrower Address

15700 LATHROP AVE

Borrower City

HARVEY

Borrower State

IL

Borrower Zip

60426-5118

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2612659.00

Current Approval Amount

2612659.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARVEY

Project County Name

COOK

Project State

IL

Project Zip

60426-5118

CD

IL-02

Jobs Reported

215

NAICS Code

331110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

261266.00

Payroll Proceed

1959494.15

Mortgage Interest Proceed

391899.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2642849.88

Forgiveness Date

06/11/2021

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