PPP Loan information for Laney electrical construction inc.

$177,031

Laney electrical construction inc. was initially approved for PPP Loan of amount $177,031, the current approved amount is $177,031. The loan was approved on 03/12/2021 by The Truist Bank reported 22 jobs and $177,031 was used to fund payroll.

Laney electrical construction inc. is Existing or more than 2 years old

PPP Loan Search / NC / Wilmington / Laney electrical construction inc.

LANEY ELECTRICAL CONSTRUCTION INC.

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LANEY ELECTRICAL CONSTRUCTION INC.

Borrower Address

6424 Amsterdam Way

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28405-3740

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

177030.58

Current Approval Amount

177030.58

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28405-3740

CD

NC-07

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177026.58

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178968.08

Forgiveness Date

04/18/2022

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