PPP Loan information for L&g products inc.

$27,601

L&g products inc. was initially approved for PPP Loan of amount $27,601, the current approved amount is $27,601. The loan was approved on 01/20/2021 by The Security Trust & Savings Bank reported 2 jobs and $27,601 was used to fund payroll.

L&g products inc. is Existing or more than 2 years old

L&G PRODUCTS INC.

Date Approved

01/20/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

L&G PRODUCTS INC.

Borrower Address

1703 E Lakeshore Dr

Borrower City

Storm Lake

Borrower State

IA

Borrower Zip

50588-2681

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27601.03

Current Approval Amount

27601.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25508

Servicing Lender Name

Security Trust & Savings Bank

Servicing Lender Address

601 Lake Ave

Servicing Lender City

STORM LAKE

Servicing Lender State

IA

Servicing Lender Zip

50588-1851

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Storm Lake

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-2681

CD

IA-04

Jobs Reported

2

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

27598.03

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

25508

Originating Lender

Security Trust & Savings Bank

Originating Lender City

STORM LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27750.00

Forgiveness Date

08/09/2021

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