PPP Loan information for Lancaster electric company llc

$225,500

Lancaster electric company llc was initially approved for PPP Loan of amount $225,500, the current approved amount is $225,500. The loan was approved on 03/26/2021 by The First-Citizens Bank & Trust Company reported 19 jobs and $225,500 was used to fund payroll.

Lancaster electric company llc is Existing or more than 2 years old

LANCASTER ELECTRIC COMPANY LLC

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LANCASTER ELECTRIC COMPANY LLC

Borrower Address

6404 Amsterdam Way Ste 500

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28405-2565

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225500.00

Current Approval Amount

225500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-2565

CD

NC-07

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226883.89

Forgiveness Date

11/10/2021

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