PPP Loan information for L & r sales inc.

$256,168

L & r sales inc. was initially approved for PPP Loan of amount $256,168, the current approved amount is $256,168. The loan was approved on 01/25/2021 by The Bay State Savings Bank reported 21 jobs and $256,168 was used to fund payroll.

L & r sales inc. is Existing or more than 2 years old

PPP Loan Search / MA / Worcester / L & r sales inc.

L & R SALES INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

L & R SALES INC.

Borrower Address

1040 Southbridge St Unit 1

Borrower City

Worcester

Borrower State

MA

Borrower Zip

01610-2235

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256167.50

Current Approval Amount

256167.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Worcester

Project County Name

WORCESTER

Project State

MA

Project Zip

01610-2235

CD

MA-02

Jobs Reported

21

NAICS Code

423710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

256164.50

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

259483.45

Forgiveness Date

05/17/2022

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