PPP Loan information for Lightning electric inc

$675,953

Lightning electric inc was initially approved for PPP Loan of amount $675,953, the current approved amount is $675,953. The loan was approved on 02/12/2021 by The First Horizon Bank reported 47 jobs and $675,953 was used to fund payroll.

Lightning electric inc is Existing or more than 2 years old

PPP Loan Search / FL / West Palm Beach / Lightning electric inc

LIGHTNING ELECTRIC INC

Date Approved

02/12/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

LIGHTNING ELECTRIC INC

Borrower Address

4810 Georgia Ave

Borrower City

West Palm Beach

Borrower State

FL

Borrower Zip

33405-2816

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

675952.50

Current Approval Amount

675952.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Palm Beach

Project County Name

PALM BEACH

Project State

FL

Project Zip

33405-2816

CD

FL-22

Jobs Reported

47

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

675947.50

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

680759.27

Forgiveness Date

11/03/2021

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