PPP Loan information for Lake james electric llc

$31,217

Lake james electric llc was initially approved for PPP Loan of amount $31,217, the current approved amount is $31,217. The loan was approved on 05/29/2020 by The Truist Bank reported 6 jobs and $31,217 was used to fund payroll.

Lake james electric llc is New Business or 2 years or less

PPP Loan Search / NC / Morganton / Lake james electric llc

LAKE JAMES ELECTRIC LLC

Date Approved

05/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAKE JAMES ELECTRIC LLC

Borrower Address

1599 US 70 W

Borrower City

Morganton

Borrower State

NC

Borrower Zip

28655

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31217.00

Current Approval Amount

31217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Morganton

Project County Name

BURKE

Project State

NC

Project Zip

28655-0001

CD

NC-10

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31217.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31421.64

Forgiveness Date

02/10/2021

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