PPP Loan information for Lex electric co., inc.

$1,243,825

Lex electric co., inc. was initially approved for PPP Loan of amount $1,243,825, the current approved amount is $1,243,825. The loan was approved on 04/15/2020 by The Wilmington Savings Fund Society, FSB reported 33 jobs and $1,243,825 was used to fund payroll.

Lex electric co., inc. is Existing or more than 2 years old

PPP Loan Search / PA / MEDIA / Lex electric co., inc.

LEX ELECTRIC CO., INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

LEX ELECTRIC CO., INC.

Borrower Address

1106 N PROVIDENCE RD

Borrower City

MEDIA

Borrower State

PA

Borrower Zip

19063-2102

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1243825.00

Current Approval Amount

1243825.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDIA

Project County Name

DELAWARE

Project State

PA

Project Zip

19063-2102

CD

PA-05

Jobs Reported

33

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1243825.00

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

Cooperative

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1256978.88

Forgiveness Date

05/21/2021

;