PPP Loan information for Industrial controls & electric, inc.

$62,232

Industrial controls & electric, inc. was initially approved for PPP Loan of amount $62,232, the current approved amount is $62,232. The loan was approved on 04/07/2020 by The United Community Bank of West Kentucky, Inc. reported 4 jobs and $62,232 was used to fund payroll.

Industrial controls & electric, inc. is Existing or more than 2 years old

INDUSTRIAL CONTROLS & ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

INDUSTRIAL CONTROLS & ELECTRIC, INC.

Borrower Address

1375 LONG BRANCH RD

Borrower City

STURGIS

Borrower State

KY

Borrower Zip

42459-5330

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62232.00

Current Approval Amount

62232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

248970

Servicing Lender Name

United Community Bank of West Kentucky, Inc.

Servicing Lender Address

500 N Morgan St

Servicing Lender City

MORGANFIELD

Servicing Lender State

KY

Servicing Lender Zip

42437-1242

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STURGIS

Project County Name

CRITTENDEN

Project State

KY

Project Zip

42459-5330

CD

KY-01

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62232.00

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

248970

Originating Lender

United Community Bank of West Kentucky, Inc.

Originating Lender City

MORGANFIELD

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62679.72

Forgiveness Date

12/30/2020

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