PPP Loan information for L&b corp

$130,625

L&b corp was initially approved for PPP Loan of amount $130,625, the current approved amount is $130,625. The loan was approved on 03/27/2021 by The Capital Bank, National Association reported 14 jobs and $130,625 was used to fund payroll.

L&b corp is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / L&b corp

L&B CORP

Date Approved

03/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

L&B CORP

Borrower Address

10119 Colesville Rd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20901-2426

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130625.00

Current Approval Amount

130625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124055

Servicing Lender Name

Capital Bank, National Association

Servicing Lender Address

2275 Research Blvd Ste 600

Servicing Lender City

ROCKVILLE

Servicing Lender State

MD

Servicing Lender Zip

20850-6238

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20901-2426

CD

MD-08

Jobs Reported

14

NAICS Code

812320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130620.00

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

124055

Originating Lender

Capital Bank, National Association

Originating Lender City

ROCKVILLE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131847.80

Forgiveness Date

03/10/2022

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