PPP Loan information for Light house electric

$207,500

Light house electric was initially approved for PPP Loan of amount $207,500, the current approved amount is $207,500. The loan was approved on 04/03/2020 by The The State Bank of Faribault reported 22 jobs and $207,500 was used to fund payroll.

Light house electric is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Light house electric

LIGHT HOUSE ELECTRIC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LIGHT HOUSE ELECTRIC

Borrower Address

1029 Home Place

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-6609

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207500.00

Current Approval Amount

207500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-6609

CD

MN-01

Jobs Reported

22

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

207500.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

209142.71

Forgiveness Date

01/20/2021

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