PPP Loan information for L & r lounge

$104,000

L & r lounge was initially approved for PPP Loan of amount $104,000, the current approved amount is $104,000. The loan was approved on 07/13/2020 by The WebBank reported 4 jobs and $104,000 was used to fund payroll.

L & r lounge is Existing or more than 2 years old

L & R LOUNGE

Date Approved

07/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

L & R LOUNGE

Borrower Address

158 Front St

Borrower City

Lula

Borrower State

MS

Borrower Zip

38644

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

104000.00

Current Approval Amount

104000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lula

Project County Name

COAHOMA

Project State

MS

Project Zip

38644-0001

CD

MS-02

Jobs Reported

4

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104000.00

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

Sole Proprietorship

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104889.78

Forgiveness Date

05/18/2021

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