PPP Loan information for Lambert inc

$782,725

Lambert inc was initially approved for PPP Loan of amount $782,725, the current approved amount is $782,725. The loan was approved on 04/27/2020 by The Cadence Bank reported 68 jobs and $782,725 was used to fund payroll.

Lambert inc is New Business or 2 years or less

LAMBERT INC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LAMBERT INC

Borrower Address

42390 US HIGHWAY 72

Borrower City

STEVENSON

Borrower State

AL

Borrower Zip

35772-5417

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

782725.00

Current Approval Amount

782725.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STEVENSON

Project County Name

JACKSON

Project State

AL

Project Zip

35772-5417

CD

AL-05

Jobs Reported

68

NAICS Code

237310

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

782725.00

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

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

787442.79

Forgiveness Date

12/08/2020

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