PPP Loan information for La electric corp

$40,000

La electric corp was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 5 jobs and $40,000 was used to fund payroll.

La electric corp is Unanswered

LA ELECTRIC CORP

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LA ELECTRIC CORP

Borrower Address

1419 TAMIAMI RD

Borrower City

FORKED RIVER

Borrower State

NJ

Borrower Zip

08731-5042

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

FORKED RIVER

Project County Name

OCEAN

Project State

NJ

Project Zip

08731-5042

CD

NJ-04

Jobs Reported

5

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34589.01

Forgiveness Date

06/30/2021

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