PPP Loan information for L & b electrical contractors inc

$311,925

L & b electrical contractors inc was initially approved for PPP Loan of amount $311,925, the current approved amount is $311,925. The loan was approved on 03/25/2021 by The Androscoggin Savings Bank reported 18 jobs and $311,925 was used to fund payroll.

L & b electrical contractors inc is Existing or more than 2 years old

PPP Loan Search / ME / Lisbon / L & b electrical contractors inc

L & B ELECTRICAL CONTRACTORS INC

Date Approved

03/25/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

L & B ELECTRICAL CONTRACTORS INC

Borrower Address

28 Capital Ave

Borrower City

Lisbon

Borrower State

ME

Borrower Zip

04252-1102

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

311925.00

Current Approval Amount

311925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29743

Servicing Lender Name

Androscoggin Savings Bank

Servicing Lender Address

30 Lisbon St

Servicing Lender City

LEWISTON

Servicing Lender State

ME

Servicing Lender Zip

04240-7116

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lisbon

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04252-1102

CD

ME-02

Jobs Reported

18

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

311921.00

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

29743

Originating Lender

Androscoggin Savings Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

313709.90

Forgiveness Date

10/19/2021

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