PPP Loan information for Lbu inc

$579,070

Lbu inc was initially approved for PPP Loan of amount $579,070, the current approved amount is $579,070. The loan was approved on 03/13/2021 by The JPMorgan Chase Bank, National Association reported 65 jobs and $579,070 was used to fund payroll.

Lbu inc is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Lbu inc

LBU INC

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LBU INC

Borrower Address

7 4th Ave

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07524-1202

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

579070.00

Current Approval Amount

579070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07524-1202

CD

NJ-09

Jobs Reported

65

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

579068.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

582727.15

Forgiveness Date

11/03/2021

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