PPP Loan information for Lg contractors inc

$238,430

Lg contractors inc was initially approved for PPP Loan of amount $238,430, the current approved amount is $238,430. The loan was approved on 03/20/2021 by The U.S. Bank, National Association reported 14 jobs and $238,430 was used to fund payroll.

Lg contractors inc is Existing or more than 2 years old

LG CONTRACTORS INC

Date Approved

03/20/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

LG CONTRACTORS INC

Borrower Address

644 Ironwood Ter

Borrower City

Woodburn

Borrower State

OR

Borrower Zip

97071-7620

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238430.00

Current Approval Amount

238430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Woodburn

Project County Name

MARION

Project State

OR

Project Zip

97071-7620

CD

OR-05

Jobs Reported

14

NAICS Code

236220

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

238426.00

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

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

241675.30

Forgiveness Date

07/28/2022

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