L & B Electric, Inc.

$17,758 PPP Loan in Ossian, Iowa

Loan Details

Loan Number
8322287007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$17,758
Current Approval
$17,758
Forgiveness Amount
$17,845
Forgiveness Date
Oct 13, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
L & B Electric, Inc.
Address
1975 155th St
City
Ossian
State
Iowa
ZIP Code
52161-8038
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$14,206
Utilities
$1,776
Mortgage Interest
$1,776

Lender Information

Servicing Lender
Luana Savings Bank
Originating Lender
Luana Savings Bank

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