PPP Loan information for Loucks electric llc

$112,938

Loucks electric llc was initially approved for PPP Loan of amount $112,938, the current approved amount is $112,938. The loan was approved on 01/30/2021 by The Salisbury Bank & Trust Company reported 5 jobs and $112,938 was used to fund payroll.

Loucks electric llc is Existing or more than 2 years old

LOUCKS ELECTRIC LLC

Date Approved

01/30/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

LOUCKS ELECTRIC LLC

Borrower Address

1 Mitchelltown Road Ext

Borrower City

Sharon

Borrower State

CT

Borrower Zip

06069-2337

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112937.50

Current Approval Amount

112937.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16194

Servicing Lender Name

Salisbury Bank & Trust Company

Servicing Lender Address

5 Bissell St

Servicing Lender City

LAKEVILLE

Servicing Lender State

CT

Servicing Lender Zip

06039

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sharon

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06069-2337

CD

CT-05

Jobs Reported

5

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

112935.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

16194

Originating Lender

Salisbury Bank & Trust Company

Originating Lender City

LAKEVILLE

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

113871.94

Forgiveness Date

12/01/2021

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