PPP Loan information for H & l electrical, inc.

$78,582

H & l electrical, inc. was initially approved for PPP Loan of amount $78,582, the current approved amount is $78,582. The loan was approved on 06/29/2020 by The Lumbee Guaranty Bank reported 13 jobs and $78,582 was used to fund payroll.

H & l electrical, inc. is Existing or more than 2 years old

H & L ELECTRICAL, INC.

Date Approved

06/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

H & L ELECTRICAL, INC.

Borrower Address

17421 Plant Rd.

Borrower City

LAURINBURG

Borrower State

NC

Borrower Zip

28352-0448

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78582.00

Current Approval Amount

78582.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50946

Servicing Lender Name

Lumbee Guaranty Bank

Servicing Lender Address

403 E 3rd St

Servicing Lender City

PEMBROKE

Servicing Lender State

NC

Servicing Lender Zip

28372-8889

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAURINBURG

Project County Name

SCOTLAND

Project State

NC

Project Zip

28352-0448

CD

NC-09

Jobs Reported

13

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78582.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50946

Originating Lender

Lumbee Guaranty Bank

Originating Lender City

PEMBROKE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

79085.79

Forgiveness Date

03/01/2021

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