PPP Loan information for Express electric & underground inc

$154,800

Express electric & underground inc was initially approved for PPP Loan of amount $154,800, the current approved amount is $154,800. The loan was approved on 04/28/2020 by The First Merchants Bank reported 16 jobs and $154,800 was used to fund payroll.

Express electric & underground inc is Existing or more than 2 years old

EXPRESS ELECTRIC & UNDERGROUND INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

EXPRESS ELECTRIC & UNDERGROUND INC

Borrower Address

8186 W County Road 575 N

Borrower City

Middletown

Borrower State

IN

Borrower Zip

47356-9752

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154800.00

Current Approval Amount

154800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

HENRY

Project State

IN

Project Zip

47356-9752

CD

IN-06

Jobs Reported

16

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154800.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155902.68

Forgiveness Date

01/19/2021

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