Locke Electric Inc.

$80,800 PPP Loan in Groton, South Dakota

Loan Details

Loan Number
3314498505
Date Approved
Feb 23, 2021
Loan Status
Paid in Full
Initial Approval
$80,800
Current Approval
$80,800
Forgiveness Amount
$81,730
Forgiveness Date
Apr 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Locke Electric Inc.
Address
9 North 3rd Street
City
Groton
ZIP Code
57445
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$80,800

Lender Information

Servicing Lender
Readycap Lending, LLC
Originating Lender
Readycap Lending, LLC

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