As part of the Paycheck Protection Program LIGHTNING FOUNDATIONS INC 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.

LIGHTNING FOUNDATIONS INC


Loan Amount	$1,088,712
BusinessName	LIGHTNING FOUNDATIONS INC
Address	1209 County Hwy J23
City	CLEARFIELD
State	IA
Zip	50840
NAICSCode	238110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	72
DateApproved	04/30/2020
Lender	South Story Bank & Trust
CD	IA-03
BusinessName.clean	LIGHTNING FOUNDATIONS

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

LIGHTNING OILFIELD SERVICES
LIGHTNING PROTECTION SYSTEMS
LIGHTNING TECHNOLOGIES INTERNATIONAL
LIGHTNING VENTURES
LIGHTOLOGY