PPP Loan information for Lewis electric supply co., inc

$337,303

Lewis electric supply co., inc was initially approved for PPP Loan of amount $337,303, the current approved amount is $337,303. The loan was approved on 04/08/2020 by The CB&S Bank reported 25 jobs and $337,303 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

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LEWIS ELECTRIC SUPPLY CO., INC

Borrower Address

1306 Second Street

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-1712

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337302.50

Current Approval Amount

337302.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3228

Servicing Lender Name

CB&S Bank

Servicing Lender Address

200 Jackson Ave South

Servicing Lender City

RUSSELLVILLE

Servicing Lender State

AL

Servicing Lender Zip

35653-2234

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

3139.50

Payroll Proceed

314251.00

Mortgage Interest Proceed

0.00

Rent Proceed

19912.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3228

Originating Lender

CB&S Bank

Originating Lender City

RUSSELLVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

329457.24

Forgiveness Date

12/10/2020

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