PPP Loan information for Davis electric inc

$42,887

Davis electric inc was initially approved for PPP Loan of amount $42,887, the current approved amount is $42,887. The loan was approved on 04/09/2020 by The Mutual Savings Bank reported 5 jobs and $42,887 was used to fund payroll.

Davis electric inc is Existing or more than 2 years old

PPP Loan Search / IN / FRANKLIN / Davis electric inc

DAVIS ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DAVIS ELECTRIC INC

Borrower Address

2510 N MORTON ST

Borrower City

FRANKLIN

Borrower State

IN

Borrower Zip

46131-8885

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42886.70

Current Approval Amount

42886.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77834

Servicing Lender Name

Mutual Savings Bank

Servicing Lender Address

80 E Jefferson St

Servicing Lender City

FRANKLIN

Servicing Lender State

IN

Servicing Lender Zip

46131-2321

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-8885

CD

IN-06

Jobs Reported

5

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42886.70

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

77834

Originating Lender

Mutual Savings Bank

Originating Lender City

FRANKLIN

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

43203.94

Forgiveness Date

01/13/2021

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