PPP Loan information for Lg group inc

$849,848

Lg group inc was initially approved for PPP Loan of amount $849,848, the current approved amount is $849,848. The loan was approved on 04/14/2020 by The Truist Bank reported 458 jobs and $849,848 was used to fund payroll.

Lg group inc is Existing or more than 2 years old

PPP Loan Search / MD / OWINGS MILLS / Lg group inc

LG GROUP INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LG GROUP INC

Borrower Address

300 RED BROOK BLVD ste 410

Borrower City

OWINGS MILLS

Borrower State

MD

Borrower Zip

21117-5147

Loan Status Date

06/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

849848.00

Current Approval Amount

849848.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWINGS MILLS

Project County Name

BALTIMORE

Project State

MD

Project Zip

21117-5147

CD

MD-02

Jobs Reported

458

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

849848.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

844708.91

Forgiveness Date

03/31/2021

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