PPP Loan information for Lake city electric motor repair, inc

$178,482

Lake city electric motor repair, inc was initially approved for PPP Loan of amount $178,482, the current approved amount is $178,482. The loan was approved on 04/06/2020 by The The Citizens Bank reported 22 jobs and $178,482 was used to fund payroll.

Lake city electric motor repair, inc is Existing or more than 2 years old

PPP Loan Search / SC / LAKE CITY / Lake city electric motor repair, inc

LAKE CITY ELECTRIC MOTOR REPAIR, INC

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LAKE CITY ELECTRIC MOTOR REPAIR, INC

Borrower Address

140 S. Acline Street

Borrower City

LAKE CITY

Borrower State

SC

Borrower Zip

29560-2633

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178482.00

Current Approval Amount

178482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66268

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

124 E Main St

Servicing Lender City

OLANTA

Servicing Lender State

SC

Servicing Lender Zip

29114

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

FLORENCE

Project State

SC

Project Zip

29560-2633

CD

SC-06

Jobs Reported

22

NAICS Code

811310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178482.00

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

66268

Originating Lender

The Citizens Bank

Originating Lender City

OLANTA

Originating Lender State

SC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180118.09

Forgiveness Date

03/11/2021

;