PPP Loan information for East central electric inc

$314,637

East central electric inc was initially approved for PPP Loan of amount $314,637, the current approved amount is $314,637. The loan was approved on 01/20/2021 by The Community First Bank of Indiana reported 32 jobs and $314,637 was used to fund payroll.

East central electric inc is Existing or more than 2 years old

PPP Loan Search / IN / Marion / East central electric inc

EAST CENTRAL ELECTRIC INC

Date Approved

01/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

EAST CENTRAL ELECTRIC INC

Borrower Address

1600 W 26th St

Borrower City

Marion

Borrower State

IN

Borrower Zip

46953-2814

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

314637.00

Current Approval Amount

314637.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317699

Servicing Lender Name

Community First Bank of Indiana

Servicing Lender Address

201 W Sycamore St

Servicing Lender City

KOKOMO

Servicing Lender State

IN

Servicing Lender Zip

46901-4630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

GRANT

Project State

IN

Project Zip

46953-2814

CD

IN-05

Jobs Reported

32

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

314637.00

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

Corporation

Originating Lender Location Id

317699

Originating Lender

Community First Bank of Indiana

Originating Lender City

KOKOMO

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

316973.07

Forgiveness Date

10/27/2021

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