Lail Electric Service,inc

$272,900 PPP Loan in Lincolnton, North Carolina

Loan Details

Loan Number
4369987102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$272,900
Current Approval
$272,900
Forgiveness Amount
$275,098
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lail Electric Service,inc
Address
1420 East Main St
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
$272,900

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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