PPP Loan information for Lones electric company, inc

$171,812

Lones electric company, inc was initially approved for PPP Loan of amount $171,812, the current approved amount is $171,812. The loan was approved on 04/14/2020 by The Synovus Bank reported 18 jobs and $171,812 was used to fund payroll.

Lones electric company, inc is Existing or more than 2 years old

PPP Loan Search / AL / HUNTSVILLE / Lones electric company, inc

LONES ELECTRIC COMPANY, INC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

LONES ELECTRIC COMPANY, INC

Borrower Address

1794 SPORTSMAN LN

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35816-1437

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171812.00

Current Approval Amount

171812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35816-1437

CD

AL-05

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171812.00

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

Corporation

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173492.46

Forgiveness Date

04/12/2021

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