PPP Loan information for Litespeed electric inc.

$1,922,345

Litespeed electric inc. was initially approved for PPP Loan of amount $1,922,345, the current approved amount is $1,922,345. The loan was approved on 04/16/2021 by The Signature Bank reported 48 jobs and $1,922,345 was used to fund payroll.

Litespeed electric inc. is Existing or more than 2 years old

PPP Loan Search / NY / New York / Litespeed electric inc.

LITESPEED ELECTRIC INC.

Date Approved

04/16/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

LITESPEED ELECTRIC INC.

Borrower Address

135 W 29th St

Borrower City

New York

Borrower State

NY

Borrower Zip

10001-5104

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1922344.97

Current Approval Amount

1922344.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10001-5104

CD

NY-12

Jobs Reported

48

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1922341.97

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

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1948257.13

Forgiveness Date

08/29/2022

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