PPP Loan information for Benton electric system

$246,951

Benton electric system was initially approved for PPP Loan of amount $246,951, the current approved amount is $246,951. The loan was approved on 05/18/2021 by The Community Financial Services Bank reported 11 jobs and $246,951 was used to fund payroll.

Benton electric system is Existing or more than 2 years old

PPP Loan Search / KY / Benton / Benton electric system

BENTON ELECTRIC SYSTEM

Date Approved

05/18/2021

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BENTON ELECTRIC SYSTEM

Borrower Address

436 Mayfield highway

Borrower City

Benton

Borrower State

KY

Borrower Zip

42025

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

246951.42

Current Approval Amount

246951.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26808

Servicing Lender Name

Community Financial Services Bank

Servicing Lender Address

221 W 5th St

Servicing Lender City

BENTON

Servicing Lender State

KY

Servicing Lender Zip

42025-1135

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Benton

Project County Name

MARSHALL

Project State

KY

Project Zip

42025

CD

KY-01

Jobs Reported

11

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

246951.42

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

26808

Originating Lender

Community Financial Services Bank

Originating Lender City

BENTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

248176.03

Forgiveness Date

12/02/2021

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