PPP Loan information for Lester electrical esop

$1,577,500

Lester electrical esop was initially approved for PPP Loan of amount $1,577,500, the current approved amount is $1,577,500. The loan was approved on 04/03/2020 by The Five Points Bank reported 116 jobs and $1,577,500 was used to fund payroll.

Lester electrical esop is Existing or more than 2 years old

LESTER ELECTRICAL ESOP

Date Approved

04/03/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

LESTER ELECTRICAL ESOP

Borrower Address

625 W. A ST

Borrower City

LINCOLN

Borrower State

NE

Borrower Zip

68522-1706

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1577500.00

Current Approval Amount

1577500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42205

Servicing Lender Name

Five Points Bank

Servicing Lender Address

2015 N Broadwell Ave

Servicing Lender City

GRAND ISLAND

Servicing Lender State

NE

Servicing Lender Zip

68803-2759

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

LANCASTER

Project State

NE

Project Zip

68522-1706

CD

NE-01

Jobs Reported

116

NAICS Code

335912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1577500.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

42205

Originating Lender

Five Points Bank

Originating Lender City

GRAND ISLAND

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1586614.44

Forgiveness Date

11/03/2020

;