PPP Loan information for Lovelace electric co inc

$20,020

Lovelace electric co inc was initially approved for PPP Loan of amount $20,020, the current approved amount is $20,020. The loan was approved on 04/12/2020 by The Horizon Bank reported 3 jobs and $20,020 was used to fund payroll.

Lovelace electric co inc is Existing or more than 2 years old

PPP Loan Search / IN / COLUMBUS / Lovelace electric co inc

LOVELACE ELECTRIC CO INC

Date Approved

04/12/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LOVELACE ELECTRIC CO INC

Borrower Address

1414 LAFAYETTE AVE

Borrower City

COLUMBUS

Borrower State

IN

Borrower Zip

47201-5764

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20020.00

Current Approval Amount

20020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

BARTHOLOMEW

Project State

IN

Project Zip

47201-5764

CD

IN-06

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4004.00

Payroll Proceed

16016.00

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

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20180.71

Forgiveness Date

02/19/2021

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