Date Approved
04/28/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
L.B. VENTURES INC
Borrower Address
770 WEST STREET
Borrower City
LAPEER
Borrower State
MI
Borrower Zip
48446-3065
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
56400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
34506
Servicing Lender Name
Huron Community Bank
Servicing Lender Address
301 Newman St
Servicing Lender City
EAST TAWAS
Servicing Lender State
Servicing Lender Zip
48730-1213
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
Project State
Project Zip
CD
MI-10
Jobs Reported
18
NAICS Code
722511
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
8460.00
Payroll Proceed
42300.00
Mortgage Interest Proceed
5640.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
57047.03
Forgiveness Date
06/24/2021