PPP Loan information for Galloway electric inc

$446,500

Galloway electric inc was initially approved for PPP Loan of amount $446,500, the current approved amount is $446,500. The loan was approved on 04/09/2020 by The Field & Main Bank reported 22 jobs and $446,500 was used to fund payroll.

Galloway electric inc is Existing or more than 2 years old

PPP Loan Search / KY / HENDERSON / Galloway electric inc

GALLOWAY ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

GALLOWAY ELECTRIC INC

Borrower Address

1412 GREEN ST

Borrower City

HENDERSON

Borrower State

KY

Borrower Zip

42420-4343

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446500.00

Current Approval Amount

446500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27099

Servicing Lender Name

Field & Main Bank

Servicing Lender Address

140 N Main St

Servicing Lender City

HENDERSON

Servicing Lender State

KY

Servicing Lender Zip

42420-3102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HENDERSON

Project County Name

HENDERSON

Project State

KY

Project Zip

42420-4343

CD

KY-01

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

28500.00

Payroll Proceed

358000.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27099

Originating Lender

Field & Main Bank

Originating Lender City

HENDERSON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452577.36

Forgiveness Date

08/19/2021

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