Date Approved
04/09/2020
SBA Office Code
0914
Processing Method
PPP
Borrower Name
LOUROE ELECTRONICS INC
Borrower Address
6955 VALJEAN AVE
Borrower City
VAN NUYS
Borrower State
CA
Borrower Zip
91406-4716
Loan Status Date
04/22/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
354295.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
44449
Servicing Lender Name
PNC Bank, National Association
Servicing Lender Address
222 Delaware Ave
Servicing Lender City
WILMINGTON
Servicing Lender State
DE
Servicing Lender Zip
19801-1621
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LOS ANGELES
Project State
Project Zip
CD
CA-29
Jobs Reported
19
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
265721.25
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
88573.75
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
102000
Originating Lender
First Source FCU
Originating Lender City
NEW HARTFORD
Originating Lender State
NY
Gender
Veteran
Non Profit
Forgiveness Amount
357326.19
Forgiveness Date
02/26/2021