PPP Loan information for Electric line co inc

$50,800

Electric line co inc was initially approved for PPP Loan of amount $50,800, the current approved amount is $50,800. The loan was approved on 03/25/2021 by The The First National Bank of Williamson reported 4 jobs and $50,800 was used to fund payroll.

Electric line co inc is Existing or more than 2 years old

ELECTRIC LINE CO INC

Date Approved

03/25/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

ELECTRIC LINE CO INC

Borrower Address

343 New Camp Rd

Borrower City

South Williamson

Borrower State

KY

Borrower Zip

41503-4086

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50800.00

Current Approval Amount

50800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75536

Servicing Lender Name

The First National Bank of Williamson

Servicing Lender Address

68 E 2nd Ave

Servicing Lender City

WILLIAMSON

Servicing Lender State

WV

Servicing Lender Zip

25661-3534

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Williamson

Project County Name

PIKE

Project State

KY

Project Zip

41503-4086

CD

KY-05

Jobs Reported

4

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50797.00

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

75536

Originating Lender

The First National Bank of Williamson

Originating Lender City

WILLIAMSON

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51086.46

Forgiveness Date

10/27/2021

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