PPP Loan information for Lake area electrical & technical services, l.l.c.

$648,005

Lake area electrical & technical services, l.l.c. was initially approved for PPP Loan of amount $658,004, the current approved amount is $648,005. The loan was approved on 04/06/2020 by The Lakeside Bank reported 42 jobs and $648,005 was used to fund payroll.

Lake area electrical & technical services, l.l.c. is Existing or more than 2 years old

LAKE AREA ELECTRICAL & TECHNICAL SERVICES, L.L.C.

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

LAKE CHARLES

Servicing Lender State

LA

Servicing Lender Zip

70605-5211

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CHARLES

Project County Name

CALCASIEU

Project State

LA

Project Zip

70611-5616

CD

LA-03

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

408004.73

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

240000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

475273

Originating Lender

Lakeside Bank

Originating Lender City

LAKE CHARLES

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

656860.79

Forgiveness Date

08/19/2021

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