LC MANAGEMENT OF DELAWARE, INC (DE) - 2020 PPP Loan Borrower Profile (# 7734137108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to LC MANAGEMENT OF DELAWARE, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number
7734137108
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$741,462
Date Loan was Approved
Apr 14, 2020
Amount Forgiven
$750,847.08
Date Loan was Forgiven
Jul 29, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
0
Payroll Proced
530,000
Mortgage Interest Proceed
149,462
Rent Proceed
0
Refinance EIDL Proceed
0
Health Care Proceed
62,000
Debt Interest Proceed
0
Lender
Manufacturers and Traders Trust Company

Business Detail

Business Type
Subchapter S Corporation
NAICS
531312
Borrower Location
Wilmington, DE
Project Location
Wilmington, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
48
Business Age Description
Existing or more than 2 years old
Data Source: SBA.