PPP Loan information for Local electric inc

$130,123

Local electric inc was initially approved for PPP Loan of amount $130,123, the current approved amount is $130,123. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 6 jobs and $130,123 was used to fund payroll.

Local electric inc is Existing or more than 2 years old

PPP Loan Search / AK / KODIAK / Local electric inc

LOCAL ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

LOCAL ELECTRIC INC

Borrower Address

1212 MADSEN AVE

Borrower City

KODIAK

Borrower State

AK

Borrower Zip

99615

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130123.00

Current Approval Amount

130123.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KODIAK

Project County Name

KODIAK ISLAND

Project State

AK

Project Zip

99615-0001

CD

AK-

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130123.00

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

Sole Proprietorship

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131313.71

Forgiveness Date

04/08/2021

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