PPP Loan information for L & h electric inc

$43,468

L & h electric inc was initially approved for PPP Loan of amount $43,468, the current approved amount is $43,468. The loan was approved on 04/06/2020 by The Utah Independent Bank reported 6 jobs and $43,468 was used to fund payroll.

L & h electric inc is Existing or more than 2 years old

PPP Loan Search / UT / BEAVER / L & h electric inc

L & H ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

L & H ELECTRIC INC

Borrower Address

360 W 100 S

Borrower City

BEAVER

Borrower State

UT

Borrower Zip

84713-7811

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43467.50

Current Approval Amount

43467.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72566

Servicing Lender Name

Utah Independent Bank

Servicing Lender Address

55 S State St

Servicing Lender City

SALINA

Servicing Lender State

UT

Servicing Lender Zip

84654-1344

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEAVER

Project County Name

BEAVER

Project State

UT

Project Zip

84713-7811

CD

UT-02

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8693.50

Payroll Proceed

34774.00

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

Subchapter S Corporation

Originating Lender Location Id

72566

Originating Lender

Utah Independent Bank

Originating Lender City

SALINA

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43692.08

Forgiveness Date

10/13/2020

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