As part of the Paycheck Protection Program LESTER ELECTRICAL ESOP 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.

LESTER ELECTRICAL ESOP


Loan Amount	$1,577,500
BusinessName	LESTER ELECTRICAL ESOP
Address	625 W. A ST
City	LINCOLN
State	NE
Zip	68522
NAICSCode	335912
BusinessType	Employee Stock Ownership Plan(ESOP)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	116
DateApproved	04/03/2020
Lender	Five Points Bank
CD	NE-01
BusinessName.clean	LESTER ELECTRICAL ESOP

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.

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LESTER SCHWAB KATZ DWYER L
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