PPP Loan information for Adams electric llc

$39,202

Adams electric llc was initially approved for PPP Loan of amount $39,202, the current approved amount is $39,202. The loan was approved on 03/09/2021 by The South Central Bank, Inc. reported 4 jobs and $39,202 was used to fund payroll.

Adams electric llc is Existing or more than 2 years old

ADAMS ELECTRIC LLC

Date Approved

03/09/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

ADAMS ELECTRIC LLC

Borrower Address

7681 State Route 764

Borrower City

Whitesville

Borrower State

KY

Borrower Zip

42378-9602

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39201.67

Current Approval Amount

39201.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Whitesville

Project County Name

OHIO

Project State

KY

Project Zip

42378-9602

CD

KY-02

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39199.67

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

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39399.86

Forgiveness Date

09/15/2021

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