PPP Loan information for L wood electric inc.

$110,900

L wood electric inc. was initially approved for PPP Loan of amount $110,900, the current approved amount is $110,900. The loan was approved on 02/05/2021 by The STAR Financial Bank reported 7 jobs and $110,900 was used to fund payroll.

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

L WOOD ELECTRIC INC.

Date Approved

02/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

L WOOD ELECTRIC INC.

Borrower Address

970 S County Road 350 E

Borrower City

Connersville

Borrower State

IN

Borrower Zip

47331-9115

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110900.00

Current Approval Amount

110900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Connersville

Project County Name

FAYETTE

Project State

IN

Project Zip

47331-9115

CD

IN-06

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

110894.00

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

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112349.30

Forgiveness Date

06/02/2022

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