PPP Loan information for Laser electric inc.

$1,773,600

Laser electric inc. was initially approved for PPP Loan of amount $1,773,600, the current approved amount is $1,773,600. The loan was approved on 04/09/2020 by The Busey Bank reported 55 jobs and $1,773,600 was used to fund payroll.

Laser electric inc. is Unanswered

PPP Loan Search / IL / PEORIA / Laser electric inc.

LASER ELECTRIC INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

LASER ELECTRIC INC.

Borrower Address

3611 SW Adams St

Borrower City

PEORIA

Borrower State

IL

Borrower Zip

61605

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1773600.00

Current Approval Amount

1773600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

PEORIA

Project County Name

PEORIA

Project State

IL

Project Zip

61605-1000

CD

IL-17

Jobs Reported

55

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1330200.00

Mortgage Interest Proceed

0.00

Rent Proceed

443400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1793036.71

Forgiveness Date

05/21/2021

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