PPP Loan information for Layne electric co inc

$187,700

Layne electric co inc was initially approved for PPP Loan of amount $187,700, the current approved amount is $187,700. The loan was approved on 04/15/2020 by The Southwest Missouri Bank reported 11 jobs and $187,700 was used to fund payroll.

Layne electric co inc is Existing or more than 2 years old

PPP Loan Search / MO / JOPLIN / Layne electric co inc

LAYNE ELECTRIC CO INC

Date Approved

04/15/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

LAYNE ELECTRIC CO INC

Borrower Address

1104 BYERS AVE

Borrower City

JOPLIN

Borrower State

MO

Borrower Zip

64801-4312

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187700.00

Current Approval Amount

187700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40210

Servicing Lender Name

Southwest Missouri Bank

Servicing Lender Address

300 W 3rd St

Servicing Lender City

CARTHAGE

Servicing Lender State

MO

Servicing Lender Zip

64836-1734

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

JOPLIN

Project County Name

JASPER

Project State

MO

Project Zip

64801-4312

CD

MO-07

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187700.00

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

40210

Originating Lender

Southwest Missouri Bank

Originating Lender City

CARTHAGE

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178741.52

Forgiveness Date

11/19/2020

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