PPP Loan information for L & n electrical services

$45,578

L & n electrical services was initially approved for PPP Loan of amount $45,578, the current approved amount is $45,578. The loan was approved on 03/03/2021 by The SouthPoint Bank reported 7 jobs and $45,578 was used to fund payroll.

L & n electrical services is Existing or more than 2 years old

L & N ELECTRICAL SERVICES

Date Approved

03/03/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

L & N ELECTRICAL SERVICES

Borrower Address

295 Patton Rd

Borrower City

Eva

Borrower State

AL

Borrower Zip

35621-8903

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45577.88

Current Approval Amount

45577.88

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Eva

Project County Name

MORGAN

Project State

AL

Project Zip

35621-8903

CD

AL-05

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

45575.88

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45715.88

Forgiveness Date

06/23/2021

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