Date Approved
04/06/2020
SBA Office Code
0679
Processing Method
PPP
Borrower Name
LAKE AREA ELECTRICAL & TECHNICAL SERVICES, L.L.C.
Borrower Address
275 Bruce Circle
Borrower City
LAKE CHARLES
Borrower State
LA
Borrower Zip
70611-5616
Loan Status Date
04/05/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
658004.00
Current Approval Amount
648004.73
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
475273
Servicing Lender Name
Lakeside Bank
Servicing Lender Address
4735 Nelson Rd
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
70605-5211
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CALCASIEU
Project State
Project Zip
CD
LA-03
Jobs Reported
42
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
408004.73
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
240000.00
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
656860.79
Forgiveness Date
08/19/2021