PPP Loan information for Lbiw inc

$274,024

Lbiw inc was initially approved for PPP Loan of amount $274,024, the current approved amount is $274,024. The loan was approved on 04/14/2021 by The Farmers & Merchants Bank of Long Beach reported 17 jobs and $274,024 was used to fund payroll.

Lbiw inc is Existing or more than 2 years old

PPP Loan Search / CA / Long Beach / Lbiw inc

LBIW INC

Date Approved

04/14/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

LBIW INC

Borrower Address

2020 W 14th St

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90813-1042

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274023.85

Current Approval Amount

274023.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90813-1042

CD

CA-42

Jobs Reported

17

NAICS Code

531311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

274018.85

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275104.93

Forgiveness Date

09/13/2021

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