PPP Loan information for Lake electric inc.

$20,300

Lake electric inc. was initially approved for PPP Loan of amount $20,300, the current approved amount is $20,300. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 2 jobs and $20,300 was used to fund payroll.

Lake electric inc. is New Business or 2 years or less

PPP Loan Search / SC / ORANGEBURG / Lake electric inc.

LAKE ELECTRIC INC.

Date Approved

04/30/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

LAKE ELECTRIC INC.

Borrower Address

135 MARKET ST

Borrower City

ORANGEBURG

Borrower State

SC

Borrower Zip

29115-5909

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20300.00

Current Approval Amount

20300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ORANGEBURG

Project County Name

ORANGEBURG

Project State

SC

Project Zip

29115-5909

CD

SC-02

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20515.24

Forgiveness Date

05/27/2021

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