PPP Loan information for Lambcon, inc

$1,041,800

Lambcon, inc was initially approved for PPP Loan of amount $1,041,800, the current approved amount is $1,041,800. The loan was approved on 04/10/2020 by The Bank of Cleveland reported 87 jobs and $1,041,800 was used to fund payroll.

Lambcon, inc is Existing or more than 2 years old

PPP Loan Search / TN / CLEVELAND / Lambcon, inc

LAMBCON, INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

LAMBCON, INC

Borrower Address

65 2nd St

Borrower City

CLEVELAND

Borrower State

TN

Borrower Zip

37311-5308

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1041800.00

Current Approval Amount

1041800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111724

Servicing Lender Name

Bank of Cleveland

Servicing Lender Address

75 Bobby Taylor Ave

Servicing Lender City

Cleveland

Servicing Lender State

TN

Servicing Lender Zip

37311

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

BRADLEY

Project State

TN

Project Zip

37311-5308

CD

TN-04

Jobs Reported

87

NAICS Code

327320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

913505.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

128295.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

111724

Originating Lender

Bank of Cleveland

Originating Lender City

Cleveland

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1049816.07

Forgiveness Date

01/19/2021

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