PPP Loan information for Lci distributing, ltd

$88,587

Lci distributing, ltd was initially approved for PPP Loan of amount $88,587, the current approved amount is $88,587. The loan was approved on 04/05/2020 by The VisionBank of Iowa reported 12 jobs and $88,587 was used to fund payroll.

Lci distributing, ltd is Existing or more than 2 years old

LCI DISTRIBUTING, LTD

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LCI DISTRIBUTING, LTD

Borrower Address

1406 N WALNUT ST

Borrower City

COLFAX

Borrower State

IA

Borrower Zip

50054-9603

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88587.00

Current Approval Amount

88587.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25336

Servicing Lender Name

VisionBank of Iowa

Servicing Lender Address

104 Chestnut St

Servicing Lender City

AMES

Servicing Lender State

IA

Servicing Lender Zip

50010-8058

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLFAX

Project County Name

JASPER

Project State

IA

Project Zip

50054-9603

CD

IA-01

Jobs Reported

12

NAICS Code

423330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88587.00

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

25336

Originating Lender

VisionBank of Iowa

Originating Lender City

AMES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89248.94

Forgiveness Date

01/08/2021

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