PPP Loan information for Lbt's family biz inc.

$130,000

Lbt's family biz inc. was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 04/14/2020 by The Live Oak Banking Company reported 24 jobs and $130,000 was used to fund payroll.

Lbt's family biz inc. is Existing or more than 2 years old

LBT'S FAMILY BIZ INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LBT'S FAMILY BIZ INC.

Borrower Address

101 Merchants Way

Borrower City

Marlton

Borrower State

NJ

Borrower Zip

08053

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

Undisbursed Amount

0.00

Franchise Name

Kiddie Academy

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marlton

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08053-0001

CD

NJ-03

Jobs Reported

24

NAICS Code

624410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130000.00

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

Subchapter S Corporation

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

130983.01

Forgiveness Date

01/20/2021

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