PPP Loan information for Lr dynamics, inc.

$735,312

Lr dynamics, inc. was initially approved for PPP Loan of amount $735,312, the current approved amount is $735,312. The loan was approved on 04/05/2020 by The Cache Valley Bank reported 50 jobs and $735,312 was used to fund payroll.

Lr dynamics, inc. is New Business or 2 years or less

LR DYNAMICS, INC.

Date Approved

04/05/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

LR DYNAMICS, INC.

Borrower Address

204 W 1700 S

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84115-5236

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

735312.00

Current Approval Amount

735312.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84115-5236

CD

UT-02

Jobs Reported

50

NAICS Code

331523

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30670.00

Payroll Proceed

626597.00

Mortgage Interest Proceed

22661.00

Rent Proceed

55384.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

739417.49

Forgiveness Date

11/03/2020

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