Lail Electric Service INC
$272,900 PPP Loan in Lincolnton, North Carolina
Loan Details
- Loan Number
- 1939198608
- Date Approved
- Mar 13, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $272,900
- Current Approval
- $272,900
- Forgiveness Amount
- $276,152
- Forgiveness Date
- May 26, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Lail Electric Service INC
- Address
- 1420 E Main St
- City
- Lincolnton
- State
- North Carolina
- ZIP Code
- 28092-3902
- Business Type
- Cooperative
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- $9.2M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Payroll
- $272,899
- Utilities
- $1
Lender Information
- Servicing Lender
- Peoples Bank
- Originating Lender
- Peoples Bank
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