PPP Loan information for L & m electric inc.

$201,500

L & m electric inc. was initially approved for PPP Loan of amount $201,500, the current approved amount is $201,500. The loan was approved on 01/22/2021 by The United Community Bank reported 24 jobs and $201,500 was used to fund payroll.

L & m electric inc. is Existing or more than 2 years old

PPP Loan Search / SC / North Charleston / L & m electric inc.

L & M ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

L & M ELECTRIC INC.

Borrower Address

2567 Oscar Johnson Dr

Borrower City

North Charleston

Borrower State

SC

Borrower Zip

29405-6840

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

201500.00

Current Approval Amount

201500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

North Charleston

Project County Name

CHARLESTON

Project State

SC

Project Zip

29405-6840

CD

SC-06

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201500.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203078.88

Forgiveness Date

11/19/2021

;