PPP Loan information for Lauterbach, borschow & company, inc.

$985,500

Lauterbach, borschow & company, inc. was initially approved for PPP Loan of amount $985,500, the current approved amount is $985,500. The loan was approved on 04/04/2020 by The WestStar Bank reported 60 jobs and $985,500 was used to fund payroll.

Lauterbach, borschow & company, inc. is Existing or more than 2 years old

PPP Loan Search / TX / EL PASO / Lauterbach, borschow & company, inc.

LAUTERBACH, BORSCHOW & COMPANY, INC.

Date Approved

04/04/2020

SBA Office Code

0677

Processing Method

PPP

Borrower Name

LAUTERBACH, BORSCHOW & COMPANY, INC.

Borrower Address

4130 RIO BRAVO ST

Borrower City

EL PASO

Borrower State

TX

Borrower Zip

79902-1002

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

985500.00

Current Approval Amount

985500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113154

Servicing Lender Name

WestStar Bank

Servicing Lender Address

500 N Mesa St

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79901-1224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EL PASO

Project County Name

EL PASO

Project State

TX

Project Zip

79902-1002

CD

TX-16

Jobs Reported

60

NAICS Code

541211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

985500.00

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

113154

Originating Lender

WestStar Bank

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

995218.12

Forgiveness Date

04/08/2021

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