PPP Loan information for Lyle electric inc

$43,225

Lyle electric inc was initially approved for PPP Loan of amount $43,225, the current approved amount is $43,225. The loan was approved on 04/29/2020 by The Holyoke CU reported 4 jobs and $43,225 was used to fund payroll.

Lyle electric inc is New Business or 2 years or less

LYLE ELECTRIC INC

Date Approved

04/29/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

LYLE ELECTRIC INC

Borrower Address

39 Calumet Road

Borrower City

HOLYOKE

Borrower State

MA

Borrower Zip

01040

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43225.00

Current Approval Amount

43225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98365

Servicing Lender Name

Holyoke CU

Servicing Lender Address

490 Westfield Rd

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-1600

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOLYOKE

Project County Name

HAMPDEN

Project State

MA

Project Zip

01040-0400

CD

MA-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43225.00

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

98365

Originating Lender

Holyoke CU

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40460.76

Forgiveness Date

12/09/2020

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