PPP Loan information for Dotson electric company inc

$1,227,500

Dotson electric company inc was initially approved for PPP Loan of amount $1,227,500, the current approved amount is $1,227,500. The loan was approved on 04/08/2020 by The Franklin Bank & Trust Company reported 67 jobs and $1,227,500 was used to fund payroll.

Dotson electric company inc is Existing or more than 2 years old

DOTSON ELECTRIC COMPANY INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DOTSON ELECTRIC COMPANY INC

Borrower Address

551 cal batsel

Borrower City

bowling green

Borrower State

KY

Borrower Zip

42104-8520

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1227500.00

Current Approval Amount

1227500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

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

42104-8520

CD

KY-02

Jobs Reported

67

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1227500.00

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

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1234762.71

Forgiveness Date

11/17/2020

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