PPP Loan information for Lc systems, llc

$55,416

Lc systems, llc was initially approved for PPP Loan of amount $71,665, the current approved amount is $55,416. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $55,416 was used to fund payroll.

Lc systems, llc is New Business or 2 years or less

LC SYSTEMS, LLC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

LC SYSTEMS, LLC

Borrower Address

4827 BEECH PL.

Borrower City

TEMPLE HILLS

Borrower State

MD

Borrower Zip

20748

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71665.00

Current Approval Amount

55416.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TEMPLE HILLS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20748-1000

CD

MD-04

Jobs Reported

7

NAICS Code

561499

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55416.00

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

55891.21

Forgiveness Date

03/11/2021

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