PPP Loan information for Lsi business development, inc.

$514,500

Lsi business development, inc. was initially approved for PPP Loan of amount $514,500, the current approved amount is $514,500. The loan was approved on 04/07/2020 by The D. L. Evans Bank reported 38 jobs and $514,500 was used to fund payroll.

Lsi business development, inc. is Existing or more than 2 years old

PPP Loan Search / UT / LAYTON / Lsi business development, inc.

LSI BUSINESS DEVELOPMENT, INC.

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

LSI BUSINESS DEVELOPMENT, INC.

Borrower Address

1530 N Layton Hills Pkwy Suite 201

Borrower City

LAYTON

Borrower State

UT

Borrower Zip

84041

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514500.00

Current Approval Amount

514500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20132

Servicing Lender Name

D. L. Evans Bank

Servicing Lender Address

375 N Overland Ave

Servicing Lender City

BURLEY

Servicing Lender State

ID

Servicing Lender Zip

83318-3432

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAYTON

Project County Name

DAVIS

Project State

UT

Project Zip

84041-0026

CD

UT-01

Jobs Reported

38

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

64312.50

Payroll Proceed

385875.00

Mortgage Interest Proceed

64312.50

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

20132

Originating Lender

D. L. Evans Bank

Originating Lender City

BURLEY

Originating Lender State

ID

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

519659.10

Forgiveness Date

04/15/2021

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