PPP Loan information for L&m equipment, inc.

$368,300

L&m equipment, inc. was initially approved for PPP Loan of amount $368,300, the current approved amount is $368,300. The loan was approved on 04/14/2020 by The First National Bank Alaska reported 22 jobs and $368,300 was used to fund payroll.

L&m equipment, inc. is Existing or more than 2 years old

PPP Loan Search / AK / NAKNEK / L&m equipment, inc.

L&M EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

L&M EQUIPMENT, INC.

Borrower Address

PO BOX 241

Borrower City

NAKNEK

Borrower State

AK

Borrower Zip

99633

Loan Status Date

04/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368300.00

Current Approval Amount

368300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3386

Servicing Lender Name

First National Bank Alaska

Servicing Lender Address

101 W 36th Ave

Servicing Lender City

ANCHORAGE

Servicing Lender State

AK

Servicing Lender Zip

99503-5904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NAKNEK

Project County Name

BRISTOL BAY

Project State

AK

Project Zip

99633-0001

CD

AK-

Jobs Reported

22

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5140.00

Payroll Proceed

278315.00

Mortgage Interest Proceed

0.00

Rent Proceed

49754.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

35091

Business Type

Corporation

Originating Lender Location Id

3386

Originating Lender

First National Bank Alaska

Originating Lender City

ANCHORAGE

Originating Lender State

AK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

360636.31

Forgiveness Date

12/17/2020

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