PPP Loan information for Lbu, inc

$581,263

Lbu, inc was initially approved for PPP Loan of amount $581,263, the current approved amount is $581,263. The loan was approved on 04/14/2020 by The Customers Bank reported 71 jobs and $581,263 was used to fund payroll.

Lbu, inc is Unanswered

LBU, INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LBU, INC

Borrower Address

733 4th Ave

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07524

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

581262.82

Current Approval Amount

581262.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07524-1000

CD

NJ-09

Jobs Reported

71

NAICS Code

315990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

581262.82

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

588094.65

Forgiveness Date

06/24/2021

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