PPP Loan information for Eastern electric inc

$199,956

Eastern electric inc was initially approved for PPP Loan of amount $199,956, the current approved amount is $199,956. The loan was approved on 04/09/2020 by The First National Bank & Trust Company of McAlester reported 24 jobs and $199,956 was used to fund payroll.

Eastern electric inc is Existing or more than 2 years old

PPP Loan Search / OK / WILBURTON / Eastern electric inc

EASTERN ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

EASTERN ELECTRIC INC

Borrower Address

218 e MAIN ST

Borrower City

WILBURTON

Borrower State

OK

Borrower Zip

74578-4232

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199956.10

Current Approval Amount

199956.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59054

Servicing Lender Name

First National Bank & Trust Company of McAlester

Servicing Lender Address

235 E Choctaw Ave

Servicing Lender City

MCALESTER

Servicing Lender State

OK

Servicing Lender Zip

74501-5025

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILBURTON

Project County Name

LATIMER

Project State

OK

Project Zip

74578-4232

CD

OK-02

Jobs Reported

24

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199956.10

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

59054

Originating Lender

First National Bank & Trust Company of McAlester

Originating Lender City

MCALESTER

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201868.01

Forgiveness Date

04/02/2021

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