PPP Loan information for Lighton electric inc

$631,457

Lighton electric inc was initially approved for PPP Loan of amount $631,457, the current approved amount is $631,457. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 42 jobs and $631,457 was used to fund payroll.

Lighton electric inc is New Business or 2 years or less

LIGHTON ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

LIGHTON ELECTRIC INC

Borrower Address

801 Corporate Cir Ste 1A

Borrower City

Toms River

Borrower State

NJ

Borrower Zip

08755

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

631457.00

Current Approval Amount

631457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Toms River

Project County Name

OCEAN

Project State

NJ

Project Zip

08755-0001

CD

NJ-04

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

631457.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

639830.29

Forgiveness Date

09/02/2021

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