PPP Loan information for Lawrence electric company inc.
$246,820
Lawrence electric company inc. was initially approved for PPP Loan of amount $246,820, the current approved amount is $246,820. The loan was approved on 01/25/2021 by The Loan Source Incorporated reported 28 jobs and $246,820 was used to fund payroll.
Lawrence electric company inc. is Existing or more than 2 years old
LAWRENCE ELECTRIC COMPANY INC.
Date Approved
01/25/2021
SBA Office Code
0669
Processing Method
PPS
Borrower Name
LAWRENCE ELECTRIC COMPANY INC.
Borrower Address
1210 N Wyatt Dr
Borrower City
El Dorado
Borrower State
AR
Borrower Zip
71730-3485
Loan Status Date
04/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
246820.00
Current Approval Amount
246820.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
El Dorado
Project County Name
UNION
Project State
AR
Project Zip
71730-3485
CD
AR-04
Jobs Reported
28
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
246816.00
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
39848
Originating Lender
Cadence Bank
Originating Lender City
TUPELO
Originating Lender State
MS
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
249619.55
Forgiveness Date
03/28/2022