PPP Loan information for Lbc1 llc

$61,010

Lbc1 llc was initially approved for PPP Loan of amount $61,010, the current approved amount is $61,010. The loan was approved on 02/14/2021 by The Freedom Bank reported 9 jobs and $61,010 was used to fund payroll.

Lbc1 llc is Existing or more than 2 years old

PPP Loan Search / NJ / Union City / Lbc1 llc

LBC1 LLC

Date Approved

02/14/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LBC1 LLC

Borrower Address

4900 Hudson Ave

Borrower City

Union City

Borrower State

NJ

Borrower Zip

07087-6417

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61009.53

Current Approval Amount

61009.53

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455592

Servicing Lender Name

Freedom Bank

Servicing Lender Address

99 W Essex St, 2nd Fl

Servicing Lender City

MAYWOOD

Servicing Lender State

NJ

Servicing Lender Zip

07607-1019

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

HUDSON

Project State

NJ

Project Zip

07087-6417

CD

NJ-08

Jobs Reported

9

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61005.53

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

455592

Originating Lender

Freedom Bank

Originating Lender City

MAYWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61738.25

Forgiveness Date

04/26/2022

;