Labra Designs LLC

$50,000 PPP Loan in Commerce Township, Michigan

Loan Details

Loan Number
2882657709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$50,000
Current Approval
$50,000
Forgiveness Amount
$50,448
Forgiveness Date
Mar 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Labra Designs LLC
Address
3222 Old Farm Ln
ZIP Code
48390
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$42,000
Rent
$6,200
Utilities
$800
Debt Interest
$1,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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