PPP Loan information for Fayette electrical service, inc

$400,000

Fayette electrical service, inc was initially approved for PPP Loan of amount $923,300, the current approved amount is $400,000. The loan was approved on 04/09/2020 by The Bank of the Bluegrass & Trust Company reported 105 jobs and $400,000 was used to fund payroll.

Fayette electrical service, inc is Existing or more than 2 years old

FAYETTE ELECTRICAL SERVICE, INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

FAYETTE ELECTRICAL SERVICE, INC

Borrower Address

390 BLUE SKY PKWY

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40509-9444

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

923300.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27195

Servicing Lender Name

Bank of the Bluegrass & Trust Company

Servicing Lender Address

101 E High St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40509-9444

CD

KY-06

Jobs Reported

105

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

400000.00

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

27195

Originating Lender

Bank of the Bluegrass & Trust Company

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403145.21

Forgiveness Date

01/29/2021

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