Date Approved
01/29/2021
SBA Office Code
0885
Processing Method
PPS
Borrower Name
LOCH ELECTRIC LLC
Borrower Address
5 5th Ave
Borrower City
Havre
Borrower State
MT
Borrower Zip
59501-3616
Loan Status Date
08/19/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
139289.23
Current Approval Amount
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
Servicing Lender Zip
59501-3613
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HILL
Project State
Project Zip
CD
MT-02
Jobs Reported
10
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
139288.23
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
139960.87
Forgiveness Date
07/29/2021