PPP Loan information for Lincoln builders inc

$1,416,041

Lincoln builders inc was initially approved for PPP Loan of amount $1,416,041, the current approved amount is $1,416,041. The loan was approved on 02/11/2021 by The Origin Bank reported 70 jobs and $1,416,041 was used to fund payroll.

Lincoln builders inc is Existing or more than 2 years old

LINCOLN BUILDERS INC

Date Approved

02/11/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

LINCOLN BUILDERS INC

Borrower Address

1809 Northpointe Ln Ste 201

Borrower City

Ruston

Borrower State

LA

Borrower Zip

71270-3852

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1416041.00

Current Approval Amount

1416041.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ruston

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-3852

CD

LA-05

Jobs Reported

70

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1416041.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1420918.47

Forgiveness Date

06/23/2021

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