# PPP loan: LCS ELECTRICAL AND INDUSTRIAL SERVICES, INC
> **$586K** approved 04/08/2020 · Paid in Full · Loan `8155767000`
## Borrower
- **Name:** LCS ELECTRICAL AND INDUSTRIAL SERVICES, INC
- **Address:** 3600 Pegasus Dr Unit 11, BAKERSFIELD, CA, 93308-6820
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $586K
- **Initial approval:** $586K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $484K
- **Rent:** $6K
- **Mortgage interest:** $2K
- **Utilities:** $3K
- **Health care:** $82K
- **Debt interest:** $9K
- **Jobs reported:** 36
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*