PPP Loan information for Diamond electric of somerset, inc

$75,000

Diamond electric of somerset, inc was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/08/2020 by The The Citizens National Bank of Somerset reported 2 jobs and $75,000 was used to fund payroll.

Diamond electric of somerset, inc is Existing or more than 2 years old

DIAMOND ELECTRIC OF SOMERSET, INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DIAMOND ELECTRIC OF SOMERSET, INC

Borrower Address

1052 E HIGHWAY 635

Borrower City

SCIENCE HILL

Borrower State

KY

Borrower Zip

42553-7406

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCIENCE HILL

Project County Name

PULASKI

Project State

KY

Project Zip

42553-7406

CD

KY-05

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

59000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75554.17

Forgiveness Date

01/07/2021

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