PPP Loan information for Current electric, inc.

$182,704

Current electric, inc. was initially approved for PPP Loan of amount $182,704, the current approved amount is $182,704. The loan was approved on 04/09/2020 by The First Merchants Bank reported 10 jobs and $182,704 was used to fund payroll.

Current electric, inc. is Existing or more than 2 years old

CURRENT ELECTRIC, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CURRENT ELECTRIC, INC.

Borrower Address

301 CHAPALA PKWY

Borrower City

TRAIL CREEK

Borrower State

IN

Borrower Zip

46360-6545

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

182704.38

Current Approval Amount

182704.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TRAIL CREEK

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-6545

CD

IN-01

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

182704.38

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

184105.95

Forgiveness Date

01/25/2021

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