PPP Loan information for Lewis electric supply co. inc

$328,757

Lewis electric supply co. inc was initially approved for PPP Loan of amount $328,757, the current approved amount is $328,757. The loan was approved on 02/01/2021 by The Loan Source Incorporated reported 25 jobs and $328,757 was used to fund payroll.

Lewis electric supply co. inc is Existing or more than 2 years old

PPP Loan Search / AL / Muscle Shoals / Lewis electric supply co. inc

LEWIS ELECTRIC SUPPLY CO. INC

Date Approved

02/01/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

LEWIS ELECTRIC SUPPLY CO. INC

Borrower Address

1306 2nd St

Borrower City

Muscle Shoals

Borrower State

AL

Borrower Zip

35661-1712

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

328757.00

Current Approval Amount

328757.00

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

Muscle Shoals

Project County Name

COLBERT

Project State

AL

Project Zip

35661-1712

CD

AL-04

Jobs Reported

25

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

328755.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

331251.95

Forgiveness Date

11/17/2021

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