PPP Loan information for Local electric llc

$45,500

Local electric llc was initially approved for PPP Loan of amount $45,500, the current approved amount is $45,500. The loan was approved on 04/11/2020 by The FirstBank reported 4 jobs and $45,500 was used to fund payroll.

Local electric llc is Existing or more than 2 years old

LOCAL ELECTRIC LLC

Date Approved

04/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

LOCAL ELECTRIC LLC

Borrower Address

1520 VIRGINIA ST

Borrower City

IDAHO SPRINGS

Borrower State

CO

Borrower Zip

80452-5160

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45500.00

Current Approval Amount

45500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15596

Servicing Lender Name

FirstBank

Servicing Lender Address

10403 W Colfax Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

CO

Servicing Lender Zip

80215-3811

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IDAHO SPRINGS

Project County Name

CLEAR CREEK

Project State

CO

Project Zip

80452-5160

CD

CO-02

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45500.00

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

Subchapter S Corporation

Originating Lender Location Id

15596

Originating Lender

FirstBank

Originating Lender City

LAKEWOOD

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46015.67

Forgiveness Date

06/03/2021

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