Lpi INC

$2,313,633 PPP Loan in Johnson City, Tennessee

Loan Details

Loan Number
8396997000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,313,633
Current Approval
$2,313,633
Forgiveness Amount
$2,340,883
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lpi INC
Address
506 Twin Oaks Dr
ZIP Code
37601-7610
Business Type
Corporation
Industry (NAICS)
Manufacturing (339920)
Business Age
Existing or more than 2 years old
Jobs Reported
293
Estimated Revenue
$81.8M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$1,735,225
Utilities
$144,602
Mortgage Interest
$433,806

Lender Information

Servicing Lender
Mountain Commerce Bank
Originating Lender
Mountain Commerce Bank

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