PPP Loan information for Lake electric inc

$45,800

Lake electric inc was initially approved for PPP Loan of amount $45,800, the current approved amount is $45,800. The loan was approved on 04/28/2020 by The FinWise Bank reported 8 jobs and $45,800 was used to fund payroll.

Lake electric inc is Existing or more than 2 years old

LAKE ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

LAKE ELECTRIC INC

Borrower Address

5307 Case Mountain Road

Borrower City

WEST JORDAN

Borrower State

UT

Borrower Zip

84081

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45800.00

Current Approval Amount

45800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188904

Servicing Lender Name

FinWise Bank

Servicing Lender Address

756 E Winchester St. Ste. 100

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST JORDAN

Project County Name

SALT LAKE

Project State

UT

Project Zip

84081-1200

CD

UT-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45800.00

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

188904

Originating Lender

FinWise Bank

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46106.17

Forgiveness Date

01/07/2021

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