PPP Loan information for Banner electric, inc.

$77,800

Banner electric, inc. was initially approved for PPP Loan of amount $77,800, the current approved amount is $77,800. The loan was approved on 04/13/2020 by The Lake City Bank reported 12 jobs and $77,800 was used to fund payroll.

Banner electric, inc. is Existing or more than 2 years old

BANNER ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

BANNER ELECTRIC, INC.

Borrower Address

1515 W JEFFERSON ST

Borrower City

PLYMOUTH

Borrower State

IN

Borrower Zip

46563-1678

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77800.00

Current Approval Amount

77800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PLYMOUTH

Project County Name

MARSHALL

Project State

IN

Project Zip

46563-1678

CD

IN-02

Jobs Reported

12

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

900.00

Payroll Proceed

71900.00

Mortgage Interest Proceed

0.00

Rent Proceed

4600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

400

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78357.57

Forgiveness Date

01/04/2021

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