PPP Loan information for Brite wholesale electric supply, inc

$365,500

Brite wholesale electric supply, inc was initially approved for PPP Loan of amount $365,500, the current approved amount is $365,500. The loan was approved on 04/15/2020 by The Magnolia Bank Incorporated reported 34 jobs and $365,500 was used to fund payroll.

Brite wholesale electric supply, inc is Existing or more than 2 years old

PPP Loan Search / KY / ELIZABETHTOWN / Brite wholesale electric supply, inc

BRITE WHOLESALE ELECTRIC SUPPLY, INC

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

BRITE WHOLESALE ELECTRIC SUPPLY, INC

Borrower Address

1204 Hawkins Drive

Borrower City

ELIZABETHTOWN

Borrower State

KY

Borrower Zip

42701

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365500.00

Current Approval Amount

365500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETHTOWN

Project County Name

HARDIN

Project State

KY

Project Zip

42701-1000

CD

KY-02

Jobs Reported

34

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

365500.00

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

Corporation

Originating Lender Location Id

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

367967.12

Forgiveness Date

12/16/2020

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