PPP Loan information for Lbp lp

$344,400

Lbp lp was initially approved for PPP Loan of amount $344,400, the current approved amount is $344,400. The loan was approved on 04/29/2020 by The International Bank of Commerce reported 64 jobs and $344,400 was used to fund payroll.

Lbp lp is Existing or more than 2 years old

LBP LP

Date Approved

04/29/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

LBP LP

Borrower Address

4001 MCPHERSON RD SUITE 202

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78041

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

344400.00

Current Approval Amount

344400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78041-0001

CD

TX-28

Jobs Reported

64

NAICS Code

453310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19800.00

Payroll Proceed

266000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8600.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

347518.73

Forgiveness Date

03/31/2021

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