PPP Loan information for D & m electric inc

$329,180

D & m electric inc was initially approved for PPP Loan of amount $329,180, the current approved amount is $329,180. The loan was approved on 01/28/2021 by The South Central Bank, Inc. reported 26 jobs and $329,180 was used to fund payroll.

D & m electric inc is Existing or more than 2 years old

D & M ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

D & M ELECTRIC INC

Borrower Address

136 VANDERBILT COURT

Borrower City

BOWLING GREEN

Borrower State

KY

Borrower Zip

42103

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

329180.00

Current Approval Amount

329180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOWLING GREEN

Project County Name

WARREN

Project State

KY

Project Zip

42103

CD

KY-02

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

329179.00

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

Subchapter S Corporation

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

331904.88

Forgiveness Date

12/01/2021

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