PPP Loan information for L&m industrial contracting inc

$57,400

L&m industrial contracting inc was initially approved for PPP Loan of amount $57,400, the current approved amount is $57,400. The loan was approved on 05/21/2021 by The Mechanics & Farmers Bank reported 12 jobs and $57,400 was used to fund payroll.

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

L&M INDUSTRIAL CONTRACTING INC

Date Approved

05/21/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

L&M INDUSTRIAL CONTRACTING INC

Borrower Address

459 Conrad Rd

Borrower City

Lewisville

Borrower State

NC

Borrower Zip

27023-9441

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57400.00

Current Approval Amount

57400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50708

Servicing Lender Name

Mechanics & Farmers Bank

Servicing Lender Address

2634 Durham-Chapel Hill Blvd

Servicing Lender City

DURHAM

Servicing Lender State

NC

Servicing Lender Zip

27707-2800

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lewisville

Project County Name

FORSYTH

Project State

NC

Project Zip

27023-9441

CD

NC-05

Jobs Reported

12

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

57399.00

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

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57612.30

Forgiveness Date

10/08/2021

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