PPP Loan information for Lpl restaurants inc.

$34,723

Lpl restaurants inc. was initially approved for PPP Loan of amount $34,723, the current approved amount is $34,723. The loan was approved on 01/25/2021 by The New Peoples Bank, Inc. reported 9 jobs and $34,723 was used to fund payroll.

Lpl restaurants inc. is Existing or more than 2 years old

LPL RESTAURANTS INC.

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LPL RESTAURANTS INC.

Borrower Address

1200 Plaza Dr Ste 1700

Borrower City

Grundy

Borrower State

VA

Borrower Zip

24614-9730

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

34723.00

Current Approval Amount

34723.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grundy

Project County Name

BUCHANAN

Project State

VA

Project Zip

24614-9730

CD

VA-09

Jobs Reported

9

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34721.00

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

Corporation

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34912.05

Forgiveness Date

08/17/2021

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