PPP Loan information for L-e electric inc.

$808,742

L-e electric inc. was initially approved for PPP Loan of amount $808,742, the current approved amount is $808,742. The loan was approved on 02/10/2021 by The Citizens Bank of Las Cruces reported 153 jobs and $808,742 was used to fund payroll.

L-e electric inc. is Existing or more than 2 years old

PPP Loan Search / NM / Las Cruces / L-e electric inc.

L-E ELECTRIC INC.

Date Approved

02/10/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

L-E ELECTRIC INC.

Borrower Address

4558 Gerald Dr

Borrower City

Las Cruces

Borrower State

NM

Borrower Zip

88007-5312

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

808742.32

Current Approval Amount

808742.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45799

Servicing Lender Name

Citizens Bank of Las Cruces

Servicing Lender Address

505 S Main St

Servicing Lender City

LAS CRUCES

Servicing Lender State

NM

Servicing Lender Zip

88001-1206

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Las Cruces

Project County Name

DONA ANA

Project State

NM

Project Zip

88007-5312

CD

NM-02

Jobs Reported

153

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

808742.32

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

45799

Originating Lender

Citizens Bank of Las Cruces

Originating Lender City

LAS CRUCES

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

816107.89

Forgiveness Date

01/31/2022

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