PPP Loan information for L & h electric inc.

$537,141

L & h electric inc. was initially approved for PPP Loan of amount $537,141, the current approved amount is $537,141. The loan was approved on 02/13/2021 by The Choice Financial Group reported 28 jobs and $537,141 was used to fund payroll.

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

L & H ELECTRIC INC.

Date Approved

02/13/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

L & H ELECTRIC INC.

Borrower Address

4601 Centurion Dr

Borrower City

Bismarck

Borrower State

ND

Borrower Zip

58504-7494

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

537141.00

Current Approval Amount

537141.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bismarck

Project County Name

BURLEIGH

Project State

ND

Project Zip

58504-7494

CD

ND-

Jobs Reported

28

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

537139.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

541585.29

Forgiveness Date

12/22/2021

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