PPP Loan information for L&s electric, inc

$199,131

L&s electric, inc was initially approved for PPP Loan of amount $199,131, the current approved amount is $199,131. The loan was approved on 04/14/2020 by The SouthPoint Financial CU reported 20 jobs and $199,131 was used to fund payroll.

L&s electric, inc is Existing or more than 2 years old

PPP Loan Search / MN / SPRINGFIELD / L&s electric, inc

L&S ELECTRIC, INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

L&S ELECTRIC, INC

Borrower Address

1325 West Central St PO BOX108

Borrower City

SPRINGFIELD

Borrower State

MN

Borrower Zip

56087-0108

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199130.65

Current Approval Amount

199130.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99853

Servicing Lender Name

SouthPoint Financial CU

Servicing Lender Address

924 Main St, East

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-4380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

BROWN

Project State

MN

Project Zip

56087-0108

CD

MN-07

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10130.65

Payroll Proceed

180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99853

Originating Lender

SouthPoint Financial CU

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201029.21

Forgiveness Date

03/31/2021

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