PPP Loan information for Lbc restaurant group

$145,000

Lbc restaurant group was initially approved for PPP Loan of amount $145,000, the current approved amount is $145,000. The loan was approved on 04/11/2020 by The Cross River Bank reported 43 jobs and $145,000 was used to fund payroll.

Lbc restaurant group is New Business or 2 years or less

LBC RESTAURANT GROUP

Date Approved

04/11/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

LBC RESTAURANT GROUP

Borrower Address

6380 Pacific Coast Hwy

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90803

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145000.00

Current Approval Amount

145000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90803-0001

CD

CA-42

Jobs Reported

43

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145000.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146811.51

Forgiveness Date

08/05/2021

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