PPP Loan information for Lincoln builders, inc

$1,286,000

Lincoln builders, inc was initially approved for PPP Loan of amount $1,286,000, the current approved amount is $1,286,000. The loan was approved on 04/10/2020 by The Origin Bank reported 73 jobs and $1,286,000 was used to fund payroll.

Lincoln builders, inc is Existing or more than 2 years old

LINCOLN BUILDERS, INC

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LINCOLN BUILDERS, INC

Borrower Address

1809 NORTHPOINTE LN

Borrower City

RUSTON

Borrower State

LA

Borrower Zip

71270-3852

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1286000.00

Current Approval Amount

1286000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUSTON

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-3852

CD

LA-05

Jobs Reported

73

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

131764.00

Payroll Proceed

964500.00

Mortgage Interest Proceed

189736.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1300503.22

Forgiveness Date

05/27/2021

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