PPP Loan information for L.e.c. service

$157,968

L.e.c. service was initially approved for PPP Loan of amount $157,968, the current approved amount is $157,968. The loan was approved on 04/30/2020 by The Farmers & Merchants Bank of Long Beach reported 9 jobs and $157,968 was used to fund payroll.

L.e.c. service is Unanswered

L.E.C. SERVICE

Date Approved

04/30/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

L.E.C. SERVICE

Borrower Address

1865 W 222ND ST

Borrower City

TORRANCE

Borrower State

CA

Borrower Zip

90501-3600

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157968.00

Current Approval Amount

157968.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

TORRANCE

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90501-3600

CD

CA-43

Jobs Reported

9

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

157968.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

151471.96

Forgiveness Date

11/26/2021

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