PPP Loan information for Lakepointe electric co inc

$48,185

Lakepointe electric co inc was initially approved for PPP Loan of amount $48,185, the current approved amount is $48,185. The loan was approved on 02/04/2021 by The Fifth Third Bank reported 6 jobs and $48,185 was used to fund payroll.

Lakepointe electric co inc is Existing or more than 2 years old

LAKEPOINTE ELECTRIC CO INC

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAKEPOINTE ELECTRIC CO INC

Borrower Address

56812 Mound Rd

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48316-4943

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48185.00

Current Approval Amount

48185.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48316-4943

CD

MI-10

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48180.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48472.77

Forgiveness Date

09/15/2021

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