PPP Loan information for L&r laundry llc

$120,366

L&r laundry llc was initially approved for PPP Loan of amount $120,366, the current approved amount is $120,366. The loan was approved on 02/08/2021 by The Live Oak Banking Company reported 14 jobs and $120,366 was used to fund payroll.

L&r laundry llc is Existing or more than 2 years old

L&R LAUNDRY LLC

Date Approved

02/08/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

L&R LAUNDRY LLC

Borrower Address

3838 S State St

Borrower City

South Salt Lake

Borrower State

UT

Borrower Zip

84115-4815

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120366.00

Current Approval Amount

120366.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Salt Lake

Project County Name

SALT LAKE

Project State

UT

Project Zip

84115-4815

CD

UT-02

Jobs Reported

14

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

120364.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120936.50

Forgiveness Date

08/11/2021

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