Date Approved
05/12/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
H & L ELECTRICAL, INC.
Borrower Address
17421 Plant Rd
Borrower City
Laurinburg
Borrower State
NC
Borrower Zip
28352-0448
Loan Status Date
12/14/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
101264.80
Current Approval Amount
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
Servicing Lender Zip
28372-8889
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTLAND
Project State
Project Zip
CD
NC-09
Jobs Reported
12
NAICS Code
238210
Race
American Indian or Alaska Native
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
101262.80
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
101791.93
Forgiveness Date
11/22/2021