PPP Loan information for L&b realty inc

$36,663

L&b realty inc was initially approved for PPP Loan of amount $3,663, the current approved amount is $36,663. The loan was approved on 04/23/2021 by The Farmers and Merchants Bank reported 5 jobs and $36,663 was used to fund payroll.

L&b realty inc is Existing or more than 2 years old

L&B REALTY INC

Date Approved

04/23/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

L&B REALTY INC

Borrower Address

504 Jefferson St

Borrower City

Booneville

Borrower State

MS

Borrower Zip

38829-2010

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

3662.75

Current Approval Amount

36662.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39079

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

111 W Clayton St

Servicing Lender City

BALDWYN

Servicing Lender State

MS

Servicing Lender Zip

38824-1804

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Booneville

Project County Name

PRENTISS

Project State

MS

Project Zip

38829-2010

CD

MS-01

Jobs Reported

5

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

36656.75

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

39079

Originating Lender

Farmers and Merchants Bank

Originating Lender City

BALDWYN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36785.98

Forgiveness Date

08/27/2021

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