PPP Loan information for Adams electric inc

$43,232

Adams electric inc was initially approved for PPP Loan of amount $43,232, the current approved amount is $43,232. The loan was approved on 04/09/2020 by The Legacy Bank reported 5 jobs and $43,232 was used to fund payroll.

Adams electric inc is Existing or more than 2 years old

ADAMS ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

ADAMS ELECTRIC INC

Borrower Address

620 N Main PO Box 914

Borrower City

PRATT

Borrower State

KS

Borrower Zip

67124-1660

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43231.65

Current Approval Amount

43231.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25772

Servicing Lender Name

Legacy Bank

Servicing Lender Address

123 E Chicago

Servicing Lender City

COLWICH

Servicing Lender State

KS

Servicing Lender Zip

67030-9703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRATT

Project County Name

PRATT

Project State

KS

Project Zip

67124-1660

CD

KS-04

Jobs Reported

5

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43231.65

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

Subchapter S Corporation

Originating Lender Location Id

25772

Originating Lender

Legacy Bank

Originating Lender City

COLWICH

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43597.92

Forgiveness Date

02/17/2021

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