L. B. Transport, Inc.

$480,907 PPP Loan in Buffalo Center, Iowa

Loan Details

Loan Number
7888857104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$480,907
Current Approval
$480,907
Forgiveness Amount
$484,451
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L. B. Transport, Inc.
Address
615 1st Ave NE
State
Iowa
ZIP Code
50424-7687
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (488490)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$474,907
Rent
$4,000
Utilities
$2,000

Lender Information

Servicing Lender
Arcadian Bank
Originating Lender
Arcadian Bank

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