PPP Loan information for Beltline electric company, inc

$4,659,400

Beltline electric company, inc was initially approved for PPP Loan of amount $4,659,400, the current approved amount is $4,659,400. The loan was approved on 04/10/2020 by The The Paducah Bank and Trust Company reported 257 jobs and $4,659,400 was used to fund payroll.

Beltline electric company, inc is Existing or more than 2 years old

BELTLINE ELECTRIC COMPANY, INC

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BELTLINE ELECTRIC COMPANY, INC

Borrower Address

2701 WAYNE SULLIVAN DR

Borrower City

PADUCAH

Borrower State

KY

Borrower Zip

42003-0364

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4659400.00

Current Approval Amount

4659400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27680

Servicing Lender Name

The Paducah Bank and Trust Company

Servicing Lender Address

555 Jefferson St

Servicing Lender City

PADUCAH

Servicing Lender State

KY

Servicing Lender Zip

42001-1088

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PADUCAH

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42003-0364

CD

KY-01

Jobs Reported

257

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

93188.00

Payroll Proceed

4193460.00

Mortgage Interest Proceed

0.00

Rent Proceed

372752.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27680

Originating Lender

The Paducah Bank and Trust Company

Originating Lender City

PADUCAH

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4719270.10

Forgiveness Date

07/30/2021

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