PPP Loan information for Faughn electric inc.

$105,000

Faughn electric inc. was initially approved for PPP Loan of amount $105,000, the current approved amount is $105,000. The loan was approved on 03/12/2021 by The Regions Bank reported 8 jobs and $105,000 was used to fund payroll.

Faughn electric inc. is Existing or more than 2 years old

PPP Loan Search / KY / Paducah / Faughn electric inc.

FAUGHN ELECTRIC INC.

Date Approved

03/12/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

FAUGHN ELECTRIC INC.

Borrower Address

5980 Old Mayfield Rd

Borrower City

Paducah

Borrower State

KY

Borrower Zip

42003-9296

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

105000.00

Current Approval Amount

105000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paducah

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42003-9296

CD

KY-01

Jobs Reported

8

NAICS Code

238210

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

104999.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105402.74

Forgiveness Date

08/04/2021

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