PPP Loan information for Lenard electric, inc.

$55,655

Lenard electric, inc. was initially approved for PPP Loan of amount $55,655, the current approved amount is $55,655. The loan was approved on 04/05/2020 by The National Bank of Commerce reported 6 jobs and $55,655 was used to fund payroll.

Lenard electric, inc. is Existing or more than 2 years old

LENARD ELECTRIC, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LENARD ELECTRIC, INC.

Borrower Address

5764 Arnold Road

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55803-9319

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55655.00

Current Approval Amount

55655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76833

Servicing Lender Name

National Bank of Commerce

Servicing Lender Address

1127 Tower Ave

Servicing Lender City

SUPERIOR

Servicing Lender State

WI

Servicing Lender Zip

54880-1502

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55803-9319

CD

MN-08

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55655.00

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

76833

Originating Lender

National Bank of Commerce

Originating Lender City

SUPERIOR

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51962.10

Forgiveness Date

11/20/2020

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