PPP Loan information for Lsa management inc

$853,700

Lsa management inc was initially approved for PPP Loan of amount $853,700, the current approved amount is $853,700. The loan was approved on 05/26/2021 by The Mechanics & Farmers Bank reported 53 jobs and $853,700 was used to fund payroll.

Lsa management inc is Existing or more than 2 years old

LSA MANAGEMENT INC

Date Approved

05/26/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LSA MANAGEMENT INC

Borrower Address

1416 S Martin Luther King Jr Ave

Borrower City

Salisbury

Borrower State

NC

Borrower Zip

28144-5592

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

853700.00

Current Approval Amount

853700.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

ROWAN

Project State

NC

Project Zip

28144-5592

CD

NC-08

Jobs Reported

53

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

853697.00

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

501(c)3 – Non Profit

Originating Lender Location Id

50708

Originating Lender

Mechanics & Farmers Bank

Originating Lender City

DURHAM

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

861792.61

Forgiveness Date

05/10/2022

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