PPP Loan information for Lj electric llc

$819,700

Lj electric llc was initially approved for PPP Loan of amount $819,700, the current approved amount is $819,700. The loan was approved on 04/09/2020 by The ELGA CU reported 73 jobs and $819,700 was used to fund payroll.

Lj electric llc is Existing or more than 2 years old

LJ ELECTRIC LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LJ ELECTRIC LLC

Borrower Address

6359 Miller Rd

Borrower City

SWARTZ CREEK

Borrower State

MI

Borrower Zip

48473-1520

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

819700.00

Current Approval Amount

819700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98882

Servicing Lender Name

ELGA CU

Servicing Lender Address

6065 Grand Pointe Blvd

Servicing Lender City

GRAND BLANC

Servicing Lender State

MI

Servicing Lender Zip

48439

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWARTZ CREEK

Project County Name

GENESEE

Project State

MI

Project Zip

48473-1520

CD

MI-05

Jobs Reported

73

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

819700.00

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

98882

Originating Lender

ELGA CU

Originating Lender City

GRAND BLANC

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

828762.24

Forgiveness Date

05/17/2021

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