PPP Loan information for Lawter electric motor company

$23,420

Lawter electric motor company was initially approved for PPP Loan of amount $23,420, the current approved amount is $23,420. The loan was approved on 04/28/2020 by The WesBanco Bank, Inc. reported 3 jobs and $23,420 was used to fund payroll.

Lawter electric motor company is Existing or more than 2 years old

PPP Loan Search / WV / HUNTINGTON / Lawter electric motor company

LAWTER ELECTRIC MOTOR COMPANY

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

LAWTER ELECTRIC MOTOR COMPANY

Borrower Address

202 ADAMS AVE

Borrower City

HUNTINGTON

Borrower State

WV

Borrower Zip

25701

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23420.00

Current Approval Amount

23420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON

Project County Name

CABELL

Project State

WV

Project Zip

25701-0001

CD

WV-01

Jobs Reported

3

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

23420.00

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

Corporation

Originating Lender Location Id

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

23747.88

Forgiveness Date

09/23/2021

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