PPP Loan information for Lc electric inc

$115,710

Lc electric inc was initially approved for PPP Loan of amount $115,710, the current approved amount is $115,710. The loan was approved on 05/02/2020 by The Wells Fargo Bank, National Association reported 8 jobs and $115,710 was used to fund payroll.

Lc electric inc is Existing or more than 2 years old

LC ELECTRIC INC

Date Approved

05/02/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

LC ELECTRIC INC

Borrower Address

50 MUNGERTOWN RD

Borrower City

MADISON

Borrower State

CT

Borrower Zip

06443

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115710.00

Current Approval Amount

115710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06443-0001

CD

CT-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

115710.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116943.18

Forgiveness Date

06/08/2021

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