PPP Loan information for Lm products, inc

$229,600

Lm products, inc was initially approved for PPP Loan of amount $229,600, the current approved amount is $229,600. The loan was approved on 04/10/2020 by The Old National Bank reported 34 jobs and $229,600 was used to fund payroll.

Lm products, inc is Existing or more than 2 years old

LM PRODUCTS, INC

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LM PRODUCTS, INC

Borrower Address

1325 Meridian St

Borrower City

ANDERSON

Borrower State

IN

Borrower Zip

46016-1828

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229600.00

Current Approval Amount

229600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

MADISON

Project State

IN

Project Zip

46016-1828

CD

IN-05

Jobs Reported

34

NAICS Code

316998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229600.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230832.92

Forgiveness Date

11/03/2020

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