L & T Construction Inc.

$300,000 PPP Loan in Hernando, Mississippi

Loan Details

Loan Number
5051897006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$301,900
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
L & T Construction Inc.
Address
2170 Highway 51 Ste 1
ZIP Code
38632-1108
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
MS-01

Loan Use Breakdown

Payroll
$240,000
Rent
$35,000
Utilities
$1,600
Health Care
$8,000
Debt Interest
$15,400

Lender Information

Servicing Lender
Bankplus
Originating Lender
Bankplus

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