PPP Loan information for Dc electric of benton

$903,535

Dc electric of benton was initially approved for PPP Loan of amount $903,535, the current approved amount is $903,535. The loan was approved on 04/27/2020 by The The City National Bank of Metropolis reported 44 jobs and $903,535 was used to fund payroll.

Dc electric of benton is Existing or more than 2 years old

PPP Loan Search / KY / BENTON / Dc electric of benton

DC ELECTRIC OF BENTON

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DC ELECTRIC OF BENTON

Borrower Address

1262 Dyke Rd.

Borrower City

BENTON

Borrower State

KY

Borrower Zip

42025

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

903535.15

Current Approval Amount

903535.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21960

Servicing Lender Name

The City National Bank of Metropolis

Servicing Lender Address

423 Ferry St

Servicing Lender City

METROPOLIS

Servicing Lender State

IL

Servicing Lender Zip

62960-1852

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BENTON

Project County Name

MARSHALL

Project State

KY

Project Zip

42025-0001

CD

KY-01

Jobs Reported

44

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

60235.68

Payroll Proceed

722828.12

Mortgage Interest Proceed

60235.68

Rent Proceed

60235.67

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21960

Originating Lender

The City National Bank of Metropolis

Originating Lender City

METROPOLIS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

911892.85

Forgiveness Date

03/31/2021

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