PPP Loan information for Loblolly, llc

$269,300

Loblolly, llc was initially approved for PPP Loan of amount $269,300, the current approved amount is $269,300. The loan was approved on 04/04/2020 by The Western Commerce Bank reported 33 jobs and $269,300 was used to fund payroll.

Loblolly, llc is New Business or 2 years or less

LOBLOLLY, LLC

Date Approved

04/04/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LOBLOLLY, LLC

Borrower Address

1409 COUNTRY CLUB CIR

Borrower City

CARLSBAD

Borrower State

NM

Borrower Zip

88220-4115

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

269300.00

Current Approval Amount

269300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45737

Servicing Lender Name

Western Commerce Bank

Servicing Lender Address

127 S Canyon St

Servicing Lender City

CARLSBAD

Servicing Lender State

NM

Servicing Lender Zip

88220-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CARLSBAD

Project County Name

EDDY

Project State

NM

Project Zip

88220-4115

CD

NM-02

Jobs Reported

33

NAICS Code

812112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

243700.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1600

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

45737

Originating Lender

Western Commerce Bank

Originating Lender City

CARLSBAD

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271823.30

Forgiveness Date

03/18/2021

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