PPP Loan information for Lmc electric llc

$36,138

Lmc electric llc was initially approved for PPP Loan of amount $36,138, the current approved amount is $36,138. The loan was approved on 02/26/2021 by The First Merchants Bank reported 4 jobs and $36,138 was used to fund payroll.

Lmc electric llc is Existing or more than 2 years old

LMC ELECTRIC LLC

Date Approved

02/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LMC ELECTRIC LLC

Borrower Address

8468 N Stoney Creek Rd

Borrower City

Newport

Borrower State

MI

Borrower Zip

48166-9437

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

36138.32

Current Approval Amount

36138.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

MONROE

Project State

MI

Project Zip

48166-9437

CD

MI-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

36133.32

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36565.05

Forgiveness Date

05/10/2022

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