PPP Loan information for Lassiter electric inc.

$393,700

Lassiter electric inc. was initially approved for PPP Loan of amount $393,700, the current approved amount is $393,700. The loan was approved on 04/03/2020 by The Timberline Bank reported 42 jobs and $393,700 was used to fund payroll.

Lassiter electric inc. is Existing or more than 2 years old

PPP Loan Search / CO / BASALT / Lassiter electric inc.

LASSITER ELECTRIC INC.

Date Approved

04/03/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

LASSITER ELECTRIC INC.

Borrower Address

204 PARK AVE, UNIT 1I

Borrower City

BASALT

Borrower State

CO

Borrower Zip

81621-9349

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393700.00

Current Approval Amount

393700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BASALT

Project County Name

EAGLE

Project State

CO

Project Zip

81621-9349

CD

CO-03

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

393700.00

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

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397155.81

Forgiveness Date

02/25/2021

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