Locke Electric Inc.

$80,800 PPP Loan in Groton, South Dakota

Loan Details

Loan Number
4585747105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$80,800
Current Approval
$80,800
Forgiveness Amount
$81,254
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Locke Electric Inc.
Address
9 North 3rd Street
City
Groton
ZIP Code
57445
Business Type
Sole Proprietorship
Industry (NAICS)
Administrative and Support and Waste Management (561312)
Business Age
Existing or more than 2 years old
Jobs Reported
5
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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