PPP Loan information for Lars group inc

$679,395

Lars group inc was initially approved for PPP Loan of amount $679,395, the current approved amount is $679,395. The loan was approved on 02/07/2021 by The TowneBank reported 52 jobs and $679,395 was used to fund payroll.

Lars group inc is Existing or more than 2 years old

LARS GROUP INC

Date Approved

02/07/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LARS GROUP INC

Borrower Address

612 Alexander Lee Pkwy

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23185-5837

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

679395.00

Current Approval Amount

679395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williamsburg

Project County Name

YORK

Project State

VA

Project Zip

23185-5837

CD

VA-01

Jobs Reported

52

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

679392.00

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

Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

684245.13

Forgiveness Date

10/27/2021

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