PPP Loan information for Lawrence electric company, inc.

$417,223

Lawrence electric company, inc. was initially approved for PPP Loan of amount $417,223, the current approved amount is $417,223. The loan was approved on 04/12/2020 by The Cadence Bank reported 26 jobs and $417,223 was used to fund payroll.

Lawrence electric company, inc. is Existing or more than 2 years old

LAWRENCE ELECTRIC COMPANY, INC.

Date Approved

04/12/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

LAWRENCE ELECTRIC COMPANY, INC.

Borrower Address

1210 N WYATT DR

Borrower City

EL DORADO

Borrower State

AR

Borrower Zip

71730-3485

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417222.50

Current Approval Amount

417222.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EL DORADO

Project County Name

UNION

Project State

AR

Project Zip

71730-3485

CD

AR-04

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

417222.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

419656.30

Forgiveness Date

11/19/2020

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