PPP Loan information for L. b. transport, inc.

$480,907

L. b. transport, inc. was initially approved for PPP Loan of amount $480,907, the current approved amount is $480,907. The loan was approved on 04/14/2020 by The Arcadian Bank reported 38 jobs and $480,907 was used to fund payroll.

L. b. transport, inc. is Existing or more than 2 years old

L. B. TRANSPORT, INC.

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

L. B. TRANSPORT, INC.

Borrower Address

615 1ST AVE NE

Borrower City

BUFFALO CENTER

Borrower State

IA

Borrower Zip

50424-7687

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

480907.00

Current Approval Amount

480907.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38215

Servicing Lender Name

Arcadian Bank

Servicing Lender Address

601 N Broadway

Servicing Lender City

HARTLAND

Servicing Lender State

MN

Servicing Lender Zip

56042-9782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO CENTER

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50424-7687

CD

IA-04

Jobs Reported

38

NAICS Code

488490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

474907.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38215

Originating Lender

Arcadian Bank

Originating Lender City

HARTLAND

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

484451.22

Forgiveness Date

01/25/2021

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