L & M Footwear INC

$3,878,625 PPP Loan in Commerce, California

Loan Details

Loan Number
5189407710
Date Approved
May 1, 2020
Loan Status
Charged Off
Initial Approval
$3,878,625
Current Approval
$3,878,265
Forgiveness Amount
$2,834,556
Forgiveness Date
Dec 29, 2021
Term
8 months
Draw
First Draw

Business Information

Business Name
L & M Footwear INC
Address
5303 E Washington Blvd
ZIP Code
90040
Business Type
Corporation
Industry (NAICS)
Retail Trade (448210)
Business Age
New Business or 2 years or less
Jobs Reported
60
Estimated Revenue
$16.6M
Rural/Urban
Urban
Congressional District
CA-42

Loan Use Breakdown

Payroll
$3,878,265

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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