PPP Loan information for L&j hospitality group llc

$52,500

L&j hospitality group llc was initially approved for PPP Loan of amount $52,500, the current approved amount is $52,500. The loan was approved on 04/28/2020 by The Fortress Bank reported 3 jobs and $52,500 was used to fund payroll.

L&j hospitality group llc is New Business or 2 years or less

PPP Loan Search / IA / GRIMES / L&j hospitality group llc

L&J HOSPITALITY GROUP LLC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

L&J HOSPITALITY GROUP LLC

Borrower Address

2508 NE 11th St

Borrower City

GRIMES

Borrower State

IA

Borrower Zip

50111

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21621

Servicing Lender Name

Fortress Bank

Servicing Lender Address

9000 N Knoxville Ave

Servicing Lender City

PEORIA

Servicing Lender State

IL

Servicing Lender Zip

61615-1412

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRIMES

Project County Name

POLK

Project State

IA

Project Zip

50111-0011

CD

IA-03

Jobs Reported

3

NAICS Code

551112

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

45000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21621

Originating Lender

Fortress Bank

Originating Lender City

PEORIA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53039.38

Forgiveness Date

05/11/2021

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