PPP Loan information for Montgomery electric & maintenance inc

$532,044

Montgomery electric & maintenance inc was initially approved for PPP Loan of amount $532,044, the current approved amount is $532,044. The loan was approved on 02/02/2021 by The First Federal Bank of Louisiana reported 47 jobs and $532,044 was used to fund payroll.

Montgomery electric & maintenance inc is Existing or more than 2 years old

PPP Loan Search / LA / Lake Charles / Montgomery electric & maintenance inc

MONTGOMERY ELECTRIC & MAINTENANCE INC

Date Approved

02/02/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

MONTGOMERY ELECTRIC & MAINTENANCE INC

Borrower Address

2205 Hodges St

Borrower City

Lake Charles

Borrower State

LA

Borrower Zip

70601-7404

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

532044.42

Current Approval Amount

532044.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87163

Servicing Lender Name

First Federal Bank of Louisiana

Servicing Lender Address

1135 Lakeshore Dr

Servicing Lender City

LAKE CHARLES

Servicing Lender State

LA

Servicing Lender Zip

70601-9400

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lake Charles

Project County Name

CALCASIEU

Project State

LA

Project Zip

70601-7404

CD

LA-03

Jobs Reported

47

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

532041.42

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

87163

Originating Lender

First Federal Bank of Louisiana

Originating Lender City

LAKE CHARLES

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

537568.94

Forgiveness Date

02/25/2022

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