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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SALT LAKE
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
120936.50
Forgiveness Date
08/11/2021