L&s Electric, INC

$199,131 PPP Loan in Springfield, Minnesota

Loan Details

Loan Number
6485307104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$199,131
Current Approval
$199,131
Forgiveness Amount
$201,029
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L&s Electric, INC
Address
1325 West Central St Po Box108
ZIP Code
56087-0108
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$180,000
Rent
$9,000
Utilities
$10,131

Lender Information

Servicing Lender
Southpoint Financial Cu
Originating Lender
Southpoint Financial Cu

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