Lb Electric Company LLC

$1,522,950 PPP Loan in Cedar Grove, New Jersey

Loan Details

Loan Number
4923438302
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$1,522,950
Current Approval
$1,522,950
Forgiveness Amount
$1,545,481
Forgiveness Date
Jul 21, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lb Electric Company LLC
Address
50 Commerce Rd
ZIP Code
07009-1206
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
70
Estimated Revenue
$21.7M
Rural/Urban
Urban
Congressional District
NJ-11

Loan Use Breakdown

Payroll
$1,522,944
Utilities
$1

Lender Information

Servicing Lender
Columbia Bank
Originating Lender
Columbia Bank

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