PPP Loan information for L.c. electric inc.

$694,451

L.c. electric inc. was initially approved for PPP Loan of amount $694,451, the current approved amount is $694,451. The loan was approved on 03/20/2021 by The Truist Bank reported 85 jobs and $694,451 was used to fund payroll.

L.c. electric inc. is Existing or more than 2 years old

L.C. ELECTRIC INC.

Date Approved

03/20/2021

SBA Office Code

0491

Processing Method

PPP

Borrower Name

L.C. ELECTRIC INC.

Borrower Address

5695 Beggs Rd Ste B

Borrower City

Orlando

Borrower State

FL

Borrower Zip

32810-2615

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

694451.00

Current Approval Amount

694451.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orlando

Project County Name

ORANGE

Project State

FL

Project Zip

32810-2615

CD

FL-10

Jobs Reported

85

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

694451.00

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

Subchapter S Corporation

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

698559.84

Forgiveness Date

10/29/2021

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