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L & M Electric LLC

$31,000 PPP Loan in Sumner, Iowa

Loan Details

Loan Number
7136948307
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$31,000
Current Approval
$31,000
Forgiveness Amount
$31,302
Forgiveness Date
Jan 18, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
L & M Electric LLC
Address
203 Y Ave
City
Sumner
State
Iowa
ZIP Code
50674-9716
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$30,997
Utilities
$1

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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