PPP Loan information for Lip ii inc

$332,577

Lip ii inc was initially approved for PPP Loan of amount $332,577, the current approved amount is $332,577. The loan was approved on 05/18/2021 by The Regions Bank reported 47 jobs and $332,577 was used to fund payroll.

Lip ii inc is Existing or more than 2 years old

LIP II INC

Date Approved

05/18/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

LIP II INC

Borrower Address

317 Main St Ste 100

Borrower City

Franklin

Borrower State

TN

Borrower Zip

37064-2680

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

332577.00

Current Approval Amount

332577.00

Undisbursed Amount

0.00

Franchise Name

Mellow Mushroom

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37064-2680

CD

TN-07

Jobs Reported

47

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

332577.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

334454.01

Forgiveness Date

12/14/2021

;