PPP Loan information for Lovett's rite-way rebuilders inc.

$87,512

Lovett's rite-way rebuilders inc. was initially approved for PPP Loan of amount $87,512, the current approved amount is $87,512. The loan was approved on 01/22/2021 by The Resource Bank, National Association reported 12 jobs and $87,512 was used to fund payroll.

Lovett's rite-way rebuilders inc. is Existing or more than 2 years old

PPP Loan Search / IL / DeKalb / Lovett's rite-way rebuilders inc.

LOVETT'S RITE-WAY REBUILDERS INC.

Date Approved

01/22/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

LOVETT'S RITE-WAY REBUILDERS INC.

Borrower Address

1837 E Lincoln Hwy

Borrower City

DeKalb

Borrower State

IL

Borrower Zip

60115-3958

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87512.00

Current Approval Amount

87512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DeKalb

Project County Name

DEKALB

Project State

IL

Project Zip

60115-3958

CD

IL-14

Jobs Reported

12

NAICS Code

488410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

87508.00

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

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88063.81

Forgiveness Date

09/17/2021

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