PPP Loan information for L&m engines inc

$35,860

L&m engines inc was initially approved for PPP Loan of amount $35,860, the current approved amount is $35,860. The loan was approved on 04/29/2020 by The WebBank reported 5 jobs and $35,860 was used to fund payroll.

L&m engines inc is Existing or more than 2 years old

L&M ENGINES INC

Date Approved

04/29/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

L&M ENGINES INC

Borrower Address

246 E. County Line Rd Unit 7B

Borrower City

Hatboro

Borrower State

PA

Borrower Zip

19040

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35860.00

Current Approval Amount

35860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hatboro

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19040-0001

CD

PA-01

Jobs Reported

5

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35860.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36261.43

Forgiveness Date

06/09/2021

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