PPP Loan information for Basic electrical services inc

$236,541

Basic electrical services inc was initially approved for PPP Loan of amount $236,541, the current approved amount is $236,541. The loan was approved on 02/05/2021 by The The Park National Bank reported 32 jobs and $236,541 was used to fund payroll.

Basic electrical services inc is Existing or more than 2 years old

BASIC ELECTRICAL SERVICES INC

Date Approved

02/05/2021

SBA Office Code

0593

Processing Method

PPP

Borrower Name

BASIC ELECTRICAL SERVICES INC

Borrower Address

5145 New Carlisle Saint Par Rd

Borrower City

New Carlisle

Borrower State

OH

Borrower Zip

45344-9535

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236540.82

Current Approval Amount

236540.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Carlisle

Project County Name

CLARK

Project State

OH

Project Zip

45344-9535

CD

OH-15

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

236536.82

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237525.87

Forgiveness Date

07/14/2021

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