PPP Loan information for Electrical systems inc

$38,527

Electrical systems inc was initially approved for PPP Loan of amount $38,527, the current approved amount is $38,527. The loan was approved on 04/11/2020 by The City National Bank of West Virginia reported 4 jobs and $38,527 was used to fund payroll.

Electrical systems inc is Existing or more than 2 years old

ELECTRICAL SYSTEMS INC

Date Approved

04/11/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

ELECTRICAL SYSTEMS INC

Borrower Address

535 Brannon Rd

Borrower City

NICHOLASVILLE

Borrower State

KY

Borrower Zip

40356-8718

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38527.00

Current Approval Amount

38527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NICHOLASVILLE

Project County Name

JESSAMINE

Project State

KY

Project Zip

40356-8718

CD

KY-06

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7705.00

Payroll Proceed

30822.00

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

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38765.65

Forgiveness Date

11/25/2020

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