PPP Loan information for Ben franklin electric inc

$19,900

Ben franklin electric inc was initially approved for PPP Loan of amount $27,400, the current approved amount is $19,900. The loan was approved on 04/13/2020 by The City National Bank of West Virginia reported 3 jobs and $19,900 was used to fund payroll.

Ben franklin electric inc is Existing or more than 2 years old

PPP Loan Search / WV / WAYNE / Ben franklin electric inc

BEN FRANKLIN ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

BEN FRANKLIN ELECTRIC INC

Borrower Address

2001 EDDS BRANCH RD

Borrower City

WAYNE

Borrower State

WV

Borrower Zip

25570-5155

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27400.00

Current Approval Amount

19900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAYNE

Project County Name

WAYNE

Project State

WV

Project Zip

25570-5155

CD

WV-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14420.00

Mortgage Interest Proceed

0.00

Rent Proceed

5480.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20035.43

Forgiveness Date

12/28/2020

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