PPP Loan information for B & r electrical, inc.

$392,777

B & r electrical, inc. was initially approved for PPP Loan of amount $392,777, the current approved amount is $392,777. The loan was approved on 04/10/2020 by The Independence Bank of Kentucky reported 41 jobs and $392,777 was used to fund payroll.

B & r electrical, inc. is Existing or more than 2 years old

PPP Loan Search / KY / BOWLING GREEN / B & r electrical, inc.

B & R ELECTRICAL, INC.

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

B & R ELECTRICAL, INC.

Borrower Address

550 KELLY RD

Borrower City

BOWLING GREEN

Borrower State

KY

Borrower Zip

42101-9557

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392777.00

Current Approval Amount

392777.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOWLING GREEN

Project County Name

WARREN

Project State

KY

Project Zip

42101-9557

CD

KY-02

Jobs Reported

41

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

392777.00

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

Subchapter S Corporation

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

395736.28

Forgiveness Date

01/14/2021

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