PPP Loan information for Lea electric

$2,355,720

Lea electric was initially approved for PPP Loan of amount $2,355,717, the current approved amount is $2,355,720. The loan was approved on 04/10/2020 by The First Interstate Bank reported 129 jobs and $2,355,720 was used to fund payroll.

Lea electric is Existing or more than 2 years old

PPP Loan Search / ID / MERIDIAN / Lea electric

LEA ELECTRIC

Date Approved

04/10/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

LEA ELECTRIC

Borrower Address

2201 E COMMERCIAL ST

Borrower City

MERIDIAN

Borrower State

ID

Borrower Zip

83642-5971

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2355717.00

Current Approval Amount

2355720.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

ADA

Project State

ID

Project Zip

83642-5971

CD

ID-01

Jobs Reported

129

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2355720.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2383149.62

Forgiveness Date

06/11/2021

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