PPP Loan information for Lulu's landing inc

$2,000,000

Lulu's landing inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The Truist Bank reported 98 jobs and $2,000,000 was used to fund payroll.

Lulu's landing inc is Existing or more than 2 years old

PPP Loan Search / AL / Gulf Shores / Lulu's landing inc

LULU'S LANDING INC

Date Approved

03/12/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

LULU'S LANDING INC

Borrower Address

200 E 25th Ave

Borrower City

Gulf Shores

Borrower State

AL

Borrower Zip

36542-2802

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gulf Shores

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-2802

CD

AL-01

Jobs Reported

98

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2018055.56

Forgiveness Date

02/04/2022

;