PPP Loan information for L.b. plastics inc

$447,500

L.b. plastics inc was initially approved for PPP Loan of amount $447,542, the current approved amount is $447,500. The loan was approved on 04/09/2020 by The BayFirst National Bank reported 40 jobs and $447,500 was used to fund payroll.

L.b. plastics inc is Existing or more than 2 years old

PPP Loan Search / NC / MOORESVILLE / L.b. plastics inc

L.B. PLASTICS INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

L.B. PLASTICS INC

Borrower Address

482 E PLAZA DR

Borrower City

MOORESVILLE

Borrower State

NC

Borrower Zip

28115-8021

Loan Status Date

10/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

447542.00

Current Approval Amount

447500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123499

Servicing Lender Name

BayFirst National Bank

Servicing Lender Address

700 Central Avenue

Servicing Lender City

Saint Petersburg

Servicing Lender State

FL

Servicing Lender Zip

33701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOORESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28115-8021

CD

NC-10

Jobs Reported

40

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

447500.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

458141.92

Forgiveness Date

09/19/2022

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