PPP Loan information for L & c electric inc

$18,100

L & c electric inc was initially approved for PPP Loan of amount $18,100, the current approved amount is $18,100. The loan was approved on 04/06/2020 by The Arvest Bank reported 2 jobs and $18,100 was used to fund payroll.

L & c electric inc is Existing or more than 2 years old

L & C ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

L & C ELECTRIC INC

Borrower Address

5425 ERVIN MCGARRAH RD

Borrower City

LOWELL

Borrower State

AR

Borrower Zip

72745-8507

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18100.00

Current Approval Amount

18100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

BENTON

Project State

AR

Project Zip

72745-8507

CD

AR-03

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18100.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

18293.07

Forgiveness Date

04/30/2021

;