PPP Loan information for Lexel inc dba first class electric

$41,760

Lexel inc dba first class electric was initially approved for PPP Loan of amount $41,760, the current approved amount is $41,760. The loan was approved on 01/29/2021 by The Wells Fargo Bank, National Association reported 6 jobs and $41,760 was used to fund payroll.

Lexel inc dba first class electric is Existing or more than 2 years old

LEXEL INC DBA FIRST CLASS ELECTRIC

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

LEXEL INC DBA FIRST CLASS ELECTRIC

Borrower Address

619 Raritan Rd

Borrower City

Cranford

Borrower State

NJ

Borrower Zip

07016-3603

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41760.00

Current Approval Amount

41760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranford

Project County Name

UNION

Project State

NJ

Project Zip

07016-3603

CD

NJ-10

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

41756.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42079.21

Forgiveness Date

11/10/2021

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