PPP Loan information for L&m inc.

$114,350

L&m inc. was initially approved for PPP Loan of amount $114,350, the current approved amount is $114,350. The loan was approved on 04/10/2020 by The Unity Bank reported 32 jobs and $114,350 was used to fund payroll.

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

L&M INC.

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

L&M INC.

Borrower Address

120 Passaic Street

Borrower City

HACKENSACK

Borrower State

NJ

Borrower Zip

07601-4316

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114350.00

Current Approval Amount

114350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HACKENSACK

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-4316

CD

NJ-05

Jobs Reported

32

NAICS Code

445110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114350.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115661.85

Forgiveness Date

06/14/2021

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