PPP Loan information for Lb electrical contracting llc

$86,000

Lb electrical contracting llc was initially approved for PPP Loan of amount $86,012, the current approved amount is $86,000. The loan was approved on 02/24/2021 by The Coastal States Bank reported 10 jobs and $86,000 was used to fund payroll.

Lb electrical contracting llc is Existing or more than 2 years old

PPP Loan Search / SC / Bluffton / Lb electrical contracting llc

LB ELECTRICAL CONTRACTING LLC

Date Approved

02/24/2021

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LB ELECTRICAL CONTRACTING LLC

Borrower Address

12 Foreman Hill Rd

Borrower City

Bluffton

Borrower State

SC

Borrower Zip

29910-7242

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86012.00

Current Approval Amount

86000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluffton

Project County Name

BEAUFORT

Project State

SC

Project Zip

29910-7242

CD

SC-01

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86000.00

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

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87015.28

Forgiveness Date

05/25/2022

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