PPP Loan information for Lobo signs inc

$90,300

Lobo signs inc was initially approved for PPP Loan of amount $90,300, the current approved amount is $90,300. The loan was approved on 04/29/2020 by The Honor Bank reported 12 jobs and $90,300 was used to fund payroll.

Lobo signs inc is Existing or more than 2 years old

LOBO SIGNS INC

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOBO SIGNS INC

Borrower Address

322 E Welch Ct

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686-4873

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90300.00

Current Approval Amount

90300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-4873

CD

MI-01

Jobs Reported

12

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4600.00

Payroll Proceed

68000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

1700

Business Type

Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90959.69

Forgiveness Date

01/25/2021

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