PPP Loan information for L & r mechandising inc

$43,245

L & r mechandising inc was initially approved for PPP Loan of amount $43,245, the current approved amount is $43,245. The loan was approved on 01/16/2021 by The Sugar River Bank reported 5 jobs and $43,245 was used to fund payroll.

L & r mechandising inc is Existing or more than 2 years old

L & R MECHANDISING INC

Date Approved

01/16/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

L & R MECHANDISING INC

Borrower Address

211 Loudon Rd Ste A

Borrower City

Concord

Borrower State

NH

Borrower Zip

03301-8019

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43245.00

Current Approval Amount

43245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43149

Servicing Lender Name

Sugar River Bank

Servicing Lender Address

10 N Main St

Servicing Lender City

NEWPORT

Servicing Lender State

NH

Servicing Lender Zip

03773-1500

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

MERRIMACK

Project State

NH

Project Zip

03301-8019

CD

NH-02

Jobs Reported

5

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43240.00

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

Subchapter S Corporation

Originating Lender Location Id

43149

Originating Lender

Sugar River Bank

Originating Lender City

NEWPORT

Originating Lender State

NH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43530.54

Forgiveness Date

09/15/2021

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