PPP Loan information for L e c service inc

$138,750

L e c service inc was initially approved for PPP Loan of amount $138,750, the current approved amount is $138,750. The loan was approved on 02/10/2021 by The Farmers & Merchants Bank of Long Beach reported 9 jobs and $138,750 was used to fund payroll.

L e c service inc is Existing or more than 2 years old

L E C SERVICE INC

Date Approved

02/10/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

L E C SERVICE INC

Borrower Address

1865 W 222nd St Ste A

Borrower City

Torrance

Borrower State

CA

Borrower Zip

90501-3622

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138750.00

Current Approval Amount

138750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Torrance

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90501-3622

CD

CA-43

Jobs Reported

9

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

138746.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

139327.81

Forgiveness Date

07/14/2021

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