PPP Loan information for Lgs management group inc

$5,843,900

Lgs management group inc was initially approved for PPP Loan of amount $5,843,900, the current approved amount is $5,843,900. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 461 jobs and $5,843,900 was used to fund payroll.

Lgs management group inc is New Business or 2 years or less

LGS MANAGEMENT GROUP INC

Date Approved

04/13/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LGS MANAGEMENT GROUP INC

Borrower Address

2901 S LYNNHAVEN RD

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23452-6716

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5843900.00

Current Approval Amount

5843900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23452-6716

CD

VA-02

Jobs Reported

461

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5843900.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1117110.37

Forgiveness Date

06/11/2021

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