PPP Loan information for Lower electric, inc.

$99,700

Lower electric, inc. was initially approved for PPP Loan of amount $99,700, the current approved amount is $99,700. The loan was approved on 04/14/2020 by The Northwest Bank reported 7 jobs and $99,700 was used to fund payroll.

Lower electric, inc. is Existing or more than 2 years old

PPP Loan Search / IN / MISHAWAKA / Lower electric, inc.

LOWER ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LOWER ELECTRIC, INC.

Borrower Address

16511 JACKSON RD

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46544-9326

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99700.00

Current Approval Amount

99700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544-9326

CD

IN-02

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

800.00

Payroll Proceed

22077.17

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

73822.83

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100579.55

Forgiveness Date

03/05/2021

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