PPP Loan information for Dc electric of benton inc

$903,535

Dc electric of benton inc was initially approved for PPP Loan of amount $903,535, the current approved amount is $903,535. The loan was approved on 02/26/2021 by The The City National Bank of Metropolis reported 39 jobs and $903,535 was used to fund payroll.

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

PPP Loan Search / KY / Benton / Dc electric of benton inc

DC ELECTRIC OF BENTON INC

Date Approved

02/26/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

DC ELECTRIC OF BENTON INC

Borrower Address

1262 Dyke Rd

Borrower City

Benton

Borrower State

KY

Borrower Zip

42025-7201

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

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

42025-7201

CD

KY-01

Jobs Reported

39

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

903532.15

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

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

910989.31

Forgiveness Date

12/21/2021

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