PPP Loan information for Lee lyda electric co inc

$181,387

Lee lyda electric co inc was initially approved for PPP Loan of amount $181,387, the current approved amount is $181,387. The loan was approved on 02/23/2021 by The Truist Bank reported 19 jobs and $181,387 was used to fund payroll.

Lee lyda electric co inc is Existing or more than 2 years old

LEE LYDA ELECTRIC CO INC

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

LEE LYDA ELECTRIC CO INC

Borrower Address

950 Old Fairview Rd

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28803-8311

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

181387.00

Current Approval Amount

181387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28803-8311

CD

NC-11

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

181385.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

182979.17

Forgiveness Date

01/19/2022

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