PPP Loan information for Lw restaurant group inc

$137,500

Lw restaurant group inc was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 05/05/2020 by The Loan Source Incorporated reported 20 jobs and $137,500 was used to fund payroll.

Lw restaurant group inc is Existing or more than 2 years old

LW RESTAURANT GROUP INC

Date Approved

05/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

LW RESTAURANT GROUP INC

Borrower Address

1401 North Loop 250 West ste 3

Borrower City

Midland

Borrower State

TX

Borrower Zip

79703

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79703-2100

CD

TX-11

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137500.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138686.64

Forgiveness Date

03/23/2021

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