As part of the Paycheck Protection Program LB ELECTRCI COMPANY, LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LB ELECTRCI COMPANY, LLC


Loan Amount	$2,155,200
BusinessName	LB ELECTRCI COMPANY, LLC
Address	50 COMMERCE RD
City	CEDAR GROVE
State	NJ
Zip	7009
NAICSCode	238210
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Black or African American
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	74
DateApproved	04/07/2020
Lender	Columbia Bank
CD	NJ-11
BusinessName.clean	LB ELECTRCI COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LB METALS
LB PROPERTY MANAGEMENT
LB WATER SERVICE
LB3 ENTERPRISES
LBA AIR CONDITIONING HEATING PLUMBING