PPP Loan information for Hibbs electromechanical incorporated

$725,113

Hibbs electromechanical incorporated was initially approved for PPP Loan of amount $725,113, the current approved amount is $725,113. The loan was approved on 02/06/2021 by The First United Bank and Trust Company reported 52 jobs and $725,113 was used to fund payroll.

Hibbs electromechanical incorporated is Existing or more than 2 years old

HIBBS ELECTROMECHANICAL INCORPORATED

Date Approved

02/06/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

HIBBS ELECTROMECHANICAL INCORPORATED

Borrower Address

1300 Industrial Rd

Borrower City

Madisonville

Borrower State

KY

Borrower Zip

42431-7403

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

725113.47

Current Approval Amount

725113.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119852

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

162 N Main St

Servicing Lender City

MADISONVILLE

Servicing Lender State

KY

Servicing Lender Zip

42431-1976

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madisonville

Project County Name

HOPKINS

Project State

KY

Project Zip

42431-7403

CD

KY-01

Jobs Reported

52

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

725107.47

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

119852

Originating Lender

First United Bank and Trust Company

Originating Lender City

MADISONVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

734331.35

Forgiveness Date

05/19/2022

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