PPP Loan information for Lapole electric service, inc

$96,605

Lapole electric service, inc was initially approved for PPP Loan of amount $312,400, the current approved amount is $96,605. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 13 jobs and $96,605 was used to fund payroll.

Lapole electric service, inc is Existing or more than 2 years old

PPP Loan Search / MD / Boonsboro / Lapole electric service, inc

LAPOLE ELECTRIC SERVICE, INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LAPOLE ELECTRIC SERVICE, INC

Borrower Address

19630 Shepherdstown Pike

Borrower City

Boonsboro

Borrower State

MD

Borrower Zip

21713

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

312400.00

Current Approval Amount

96605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boonsboro

Project County Name

WASHINGTON

Project State

MD

Project Zip

21713-0001

CD

MD-06

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15621.00

Payroll Proceed

65363.00

Mortgage Interest Proceed

0.00

Rent Proceed

15621.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98113.63

Forgiveness Date

11/23/2021

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