PPP Loan information for Langer electric company

$612,500

Langer electric company was initially approved for PPP Loan of amount $612,500, the current approved amount is $612,500. The loan was approved on 02/24/2021 by The Loan Source Incorporated reported 40 jobs and $612,500 was used to fund payroll.

Langer electric company is Existing or more than 2 years old

LANGER ELECTRIC COMPANY

Date Approved

02/24/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

LANGER ELECTRIC COMPANY

Borrower Address

6500 NW 21st Ave Ste 1

Borrower City

Fort Lauderdale

Borrower State

FL

Borrower Zip

33309-1867

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

612500.00

Current Approval Amount

612500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Lauderdale

Project County Name

BROWARD

Project State

FL

Project Zip

33309-1867

CD

FL-20

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

612500.00

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

17356

Originating Lender

Amerant Bank, National Association

Originating Lender City

CORAL GABLES

Originating Lender State

FL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

617685.27

Forgiveness Date

01/06/2022

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