PPP Loan information for Lightning electric, incorporated

$132,500

Lightning electric, incorporated was initially approved for PPP Loan of amount $132,500, the current approved amount is $132,500. The loan was approved on 04/14/2020 by The Whatcom Educational CU reported 10 jobs and $132,500 was used to fund payroll.

Lightning electric, incorporated is Existing or more than 2 years old

LIGHTNING ELECTRIC, INCORPORATED

Date Approved

04/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

LIGHTNING ELECTRIC, INCORPORATED

Borrower Address

1262 E Smith Rd

Borrower City

BELLINGHAM

Borrower State

WA

Borrower Zip

98226-9716

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

132500.00

Current Approval Amount

132500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107441

Servicing Lender Name

Whatcom Educational CU

Servicing Lender Address

600 E Holly St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98225-4711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

WHATCOM

Project State

WA

Project Zip

98226-9716

CD

WA-02

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

132500.00

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

107441

Originating Lender

Whatcom Educational CU

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133770.55

Forgiveness Date

04/08/2021

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