PPP Loan information for Carroll electric inc.

$229,200

Carroll electric inc. was initially approved for PPP Loan of amount $229,200, the current approved amount is $229,200. The loan was approved on 04/04/2020 by The First Bank Richmond reported 20 jobs and $229,200 was used to fund payroll.

Carroll electric inc. is Existing or more than 2 years old

CARROLL ELECTRIC INC.

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CARROLL ELECTRIC INC.

Borrower Address

1111 NW T ST

Borrower City

RICHMOND

Borrower State

IN

Borrower Zip

47374-1474

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229200.00

Current Approval Amount

229200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79589

Servicing Lender Name

First Bank Richmond

Servicing Lender Address

20 N 9th St

Servicing Lender City

RICHMOND

Servicing Lender State

IN

Servicing Lender Zip

47374-3170

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

WAYNE

Project State

IN

Project Zip

47374-1474

CD

IN-06

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

229200.00

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

79589

Originating Lender

First Bank Richmond

Originating Lender City

RICHMOND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

230857.78

Forgiveness Date

12/31/2020

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