PPP Loan information for Loveland electric inc

$1,042,496

Loveland electric inc was initially approved for PPP Loan of amount $1,042,496, the current approved amount is $1,042,496. The loan was approved on 04/29/2020 by The United Community Bank reported 68 jobs and $1,042,496 was used to fund payroll.

Loveland electric inc is Existing or more than 2 years old

LOVELAND ELECTRIC INC

Date Approved

04/29/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

LOVELAND ELECTRIC INC

Borrower Address

1344 S.KILLIAN DR

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33403-1969

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1042496.00

Current Approval Amount

1042496.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33403-1969

CD

FL-20

Jobs Reported

68

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1042496.00

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

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1048036.94

Forgiveness Date

11/17/2020

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