PPP Loan information for Laurance brothers inc

$250,000

Laurance brothers inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/30/2020 by The First Interstate Bank reported 25 jobs and $250,000 was used to fund payroll.

Laurance brothers inc is Existing or more than 2 years old

LAURANCE BROTHERS INC

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

LAURANCE BROTHERS INC

Borrower Address

4510 CULBERTSON DR

Borrower City

MOUNT HOOD PARKDALE

Borrower State

OR

Borrower Zip

97041

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT HOOD PARKDALE

Project County Name

HOOD RIVER

Project State

OR

Project Zip

97041-0001

CD

OR-03

Jobs Reported

25

NAICS Code

111339

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251726.03

Forgiveness Date

01/14/2021

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