PPP Loan information for Locke electric inc.

$80,800

Locke electric inc. was initially approved for PPP Loan of amount $80,800, the current approved amount is $80,800. The loan was approved on 04/13/2020 by The Readycap Lending, LLC reported 5 jobs and $80,800 was used to fund payroll.

Locke electric inc. is Existing or more than 2 years old

PPP Loan Search / SD / Groton / Locke electric inc.

LOCKE ELECTRIC INC.

Date Approved

04/13/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LOCKE ELECTRIC INC.

Borrower Address

9 North 3rd Street

Borrower City

Groton

Borrower State

SD

Borrower Zip

57445

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80800.00

Current Approval Amount

80800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Groton

Project County Name

BROWN

Project State

SD

Project Zip

57445-0011

CD

SD-

Jobs Reported

5

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80800.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81253.81

Forgiveness Date

11/20/2020

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