PPP Loan information for First choice electric

$76,200

First choice electric was initially approved for PPP Loan of amount $76,200, the current approved amount is $76,200. The loan was approved on 02/05/2021 by The STAR Financial Bank reported 11 jobs and $76,200 was used to fund payroll.

First choice electric is Existing or more than 2 years old

PPP Loan Search / IN / Muncie / First choice electric

FIRST CHOICE ELECTRIC

Date Approved

02/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

FIRST CHOICE ELECTRIC

Borrower Address

3321 S Hoyt Ave

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47302-2017

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76200.00

Current Approval Amount

76200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47302-2017

CD

IN-05

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76200.00

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

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76665.55

Forgiveness Date

09/22/2021

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