Lobar Site Development Corporation

$890,587 PPP Loan in Dillsburg, Pennsylvania

Loan Details

Loan Number
7881557105
Date Approved
Apr 14, 2020
Loan Status
Exemption 4
Initial Approval
$890,587
Current Approval
$890,587
Forgiveness Amount
$716,561
Forgiveness Date
Feb 11, 2021
Term
59 months
Draw
First Draw

Business Information

Business Name
Lobar Site Development Corporation
Address
4 Barlo Circle
ZIP Code
17019
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.6M
Rural/Urban
Urban
Congressional District
PA-10

Loan Use Breakdown

Payroll
$798,587
Rent
$12,000
Utilities
$2,000
Health Care
$75,000
Debt Interest
$3,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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