PPP Loan information for Lbc hotel llc

$40,592

Lbc hotel llc was initially approved for PPP Loan of amount $40,592, the current approved amount is $40,592. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $40,592 was used to fund payroll.

Lbc hotel llc is New Business or 2 years or less

LBC HOTEL LLC

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LBC HOTEL LLC

Borrower Address

431 E BROADWAY

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90802-4909

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40592.00

Current Approval Amount

40592.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90802-4909

CD

CA-42

Jobs Reported

10

NAICS Code

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40592.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34285.44

Forgiveness Date

06/24/2021

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