PPP Loan information for Loch electric llc

$144,140

Loch electric llc was initially approved for PPP Loan of amount $144,140, the current approved amount is $144,140. The loan was approved on 04/28/2020 by The Independence Bank reported 10 jobs and $144,140 was used to fund payroll.

Loch electric llc is Existing or more than 2 years old

PPP Loan Search / MT / HAVRE / Loch electric llc

LOCH ELECTRIC LLC

Date Approved

04/28/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

LOCH ELECTRIC LLC

Borrower Address

PO BOX 1222

Borrower City

HAVRE

Borrower State

MT

Borrower Zip

59501-1222

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144140.00

Current Approval Amount

144140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41936

Servicing Lender Name

Independence Bank

Servicing Lender Address

435 3rd St

Servicing Lender City

HAVRE

Servicing Lender State

MT

Servicing Lender Zip

59501-3613

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HAVRE

Project County Name

HILL

Project State

MT

Project Zip

59501-1222

CD

MT-02

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26564.00

Payroll Proceed

115312.00

Mortgage Interest Proceed

0.00

Rent Proceed

2264.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41936

Originating Lender

Independence Bank

Originating Lender City

HAVRE

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144992.99

Forgiveness Date

12/03/2020

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