PPP Loan information for Area plumbing & electric supply, inc

$90,800

Area plumbing & electric supply, inc was initially approved for PPP Loan of amount $90,800, the current approved amount is $90,800. The loan was approved on 04/13/2020 by The The Citizens National Bank of Somerset reported 13 jobs and $90,800 was used to fund payroll.

Area plumbing & electric supply, inc is Existing or more than 2 years old

AREA PLUMBING & ELECTRIC SUPPLY, INC

Date Approved

04/13/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

AREA PLUMBING & ELECTRIC SUPPLY, INC

Borrower Address

121 Tradepark Drive

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42503-3429

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90800.00

Current Approval Amount

90800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42503-3429

CD

KY-05

Jobs Reported

13

NAICS Code

621210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4800.00

Payroll Proceed

81000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91296.88

Forgiveness Date

11/05/2020

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