PPP Loan information for 1879 electric ltd

$61,900

1879 electric ltd was initially approved for PPP Loan of amount $61,900, the current approved amount is $61,900. The loan was approved on 04/27/2020 by The The Union Bank Company reported 5 jobs and $61,900 was used to fund payroll.

1879 electric ltd is Existing or more than 2 years old

1879 ELECTRIC LTD

Date Approved

04/27/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

1879 ELECTRIC LTD

Borrower Address

1022 S MAIN STREET

Borrower City

KENTON

Borrower State

OH

Borrower Zip

43326-2210

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61900.00

Current Approval Amount

61900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57443

Servicing Lender Name

The Union Bank Company

Servicing Lender Address

105 Progressive Dr.

Servicing Lender City

COLUMBUS GROVE

Servicing Lender State

OH

Servicing Lender Zip

45830

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KENTON

Project County Name

HARDIN

Project State

OH

Project Zip

43326-0001

CD

OH-04

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57443

Originating Lender

The Union Bank Company

Originating Lender City

COLUMBUS GROVE

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62471.52

Forgiveness Date

04/05/2021

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