Layman Electric INC

$669,800 PPP Loan in Modesto, California

Loan Details

Loan Number
7560017008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$669,800
Current Approval
$669,800
Forgiveness Amount
$674,773
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Layman Electric INC
Address
1628 Culpepper Ave, Suite a
ZIP Code
95351
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$14.5M
Rural/Urban
Urban
Congressional District
CA-09

Loan Use Breakdown

Payroll
$569,330
Rent
$33,490
Utilities
$13,396
Health Care
$46,886
Debt Interest
$6,698

Lender Information

Servicing Lender
Bank of Stockton
Originating Lender
Bank of Stockton

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