PPP Loan information for Lb metals llc

$2,000,000

Lb metals llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The American Commercial Bank & Trust, National Association reported 205 jobs and $2,000,000 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

02/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LB METALS LLC

Borrower Address

15700 Lathrop Ave

Borrower City

Harvey

Borrower State

IL

Borrower Zip

60426-5118

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

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

205

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016666.67

Forgiveness Date

12/17/2021

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