PPP Loan information for L & b electrical contractors, inc

$290,700

L & b electrical contractors, inc was initially approved for PPP Loan of amount $290,700, the current approved amount is $290,700. The loan was approved on 04/07/2020 by The Androscoggin Savings Bank reported 18 jobs and $290,700 was used to fund payroll.

L & b electrical contractors, inc is Existing or more than 2 years old

PPP Loan Search / ME / LISBON FALLS / L & b electrical contractors, inc

L & B ELECTRICAL CONTRACTORS, INC

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

L & B ELECTRICAL CONTRACTORS, INC

Borrower Address

28 capital avenue

Borrower City

LISBON FALLS

Borrower State

ME

Borrower Zip

04252-1102

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290700.00

Current Approval Amount

290700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29743

Servicing Lender Name

Androscoggin Savings Bank

Servicing Lender Address

30 Lisbon St

Servicing Lender City

LEWISTON

Servicing Lender State

ME

Servicing Lender Zip

04240-7116

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LISBON FALLS

Project County Name

ANDROSCOGGIN

Project State

ME

Project Zip

04252-1102

CD

ME-02

Jobs Reported

18

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

290700.00

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

29743

Originating Lender

Androscoggin Savings Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

292339.23

Forgiveness Date

11/05/2020

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