PPP Loan information for L p electric co.

$75,000

L p electric co. was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 5 jobs and $75,000 was used to fund payroll.

L p electric co. is Existing or more than 2 years old

PPP Loan Search / TX / WACO / L p electric co.

L P ELECTRIC CO.

Date Approved

04/30/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

L P ELECTRIC CO.

Borrower Address

1601 BERKSHIRE ST

Borrower City

WACO

Borrower State

TX

Borrower Zip

76705-3522

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76705-3522

CD

TX-17

Jobs Reported

5

NAICS Code

221122

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

Sole Proprietorship

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

75645.21

Forgiveness Date

03/11/2021

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