PPP borrower record
LAKE ELECTRIC CO INC PPP loan record
Public SBA PPP loan record for LAKE ELECTRIC CO INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,111,690
Approved amount
$1,119,750
Forgiven amount
2020-04-06
Date approved
Borrower and loan details
Borrower
LAKE ELECTRIC CO INC
Loan number
5767857000
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Maiden
Borrower state
North Carolina
Borrower ZIP
28650
Jobs reported
103
Loan status
Paid in Full
Forgiveness date
2020-12-31
Servicing lender
Peoples Bank
Originating lender
Peoples Bank
Reported use of proceeds
Payroll
$1,111,690
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.