PPP Loan information for Lmw engineering group

$377,655

Lmw engineering group was initially approved for PPP Loan of amount $377,655, the current approved amount is $377,655. The loan was approved on 04/29/2020 by The American Express National Bank reported 30 jobs and $377,655 was used to fund payroll.

Lmw engineering group is Existing or more than 2 years old

LMW ENGINEERING GROUP

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LMW ENGINEERING GROUP

Borrower Address

125 Lexington Avenue

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377655.00

Current Approval Amount

377655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-0001

CD

NJ-10

Jobs Reported

30

NAICS Code

541330

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11329.65

Payroll Proceed

282485.94

Mortgage Interest Proceed

0.00

Rent Proceed

42297.36

Refinance EIDL Proceed

0.00

Health Care Proceed

41542.05

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381131.50

Forgiveness Date

04/15/2021

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