PPP Loan information for Lb3 llc

$197,489

Lb3 llc was initially approved for PPP Loan of amount $197,489, the current approved amount is $197,489. The loan was approved on 01/31/2021 by The First Bank reported 20 jobs and $197,489 was used to fund payroll.

Lb3 llc is Existing or more than 2 years old

LB3 LLC

Date Approved

01/31/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

LB3 LLC

Borrower Address

63 County Road 206

Borrower City

Wedowee

Borrower State

AL

Borrower Zip

36278-3630

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197488.88

Current Approval Amount

197488.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3340

Servicing Lender Name

First Bank

Servicing Lender Address

312 Main St

Servicing Lender City

WADLEY

Servicing Lender State

AL

Servicing Lender Zip

36276

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wedowee

Project County Name

RANDOLPH

Project State

AL

Project Zip

36278-3630

CD

AL-03

Jobs Reported

20

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197486.88

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

3340

Originating Lender

First Bank

Originating Lender City

WADLEY

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198240.43

Forgiveness Date

06/23/2021

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