PPP Loan information for Lsp industries, inc. and subsidiary

$356,000

Lsp industries, inc. and subsidiary was initially approved for PPP Loan of amount $356,000, the current approved amount is $356,000. The loan was approved on 04/09/2020 by The Blackhawk Bank reported 30 jobs and $356,000 was used to fund payroll.

Lsp industries, inc. and subsidiary is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Lsp industries, inc. and subsidiary

LSP INDUSTRIES, INC. AND SUBSIDIARY

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LSP INDUSTRIES, INC. AND SUBSIDIARY

Borrower Address

5060 27TH AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-1711

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356000.00

Current Approval Amount

356000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1711

CD

IL-17

Jobs Reported

30

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

285000.00

Mortgage Interest Proceed

0.00

Rent Proceed

55000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1000

Business Type

Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

358126.11

Forgiveness Date

11/17/2020

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