PPP Loan information for Industrial electric company

$451,548

Industrial electric company was initially approved for PPP Loan of amount $451,548, the current approved amount is $451,548. The loan was approved on 04/10/2020 by The Bankers' Bank of Kansas reported 19 jobs and $451,548 was used to fund payroll.

Industrial electric company is Existing or more than 2 years old

INDUSTRIAL ELECTRIC COMPANY

Date Approved

04/10/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

INDUSTRIAL ELECTRIC COMPANY

Borrower Address

1325 N. US HIGHWAY 81 BYP

Borrower City

MCPHERSON

Borrower State

KS

Borrower Zip

67460-6006

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

451547.50

Current Approval Amount

451547.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112541

Servicing Lender Name

Bankers' Bank of Kansas

Servicing Lender Address

555 N Woodlawn, Bldg 5

Servicing Lender City

WICHITA

Servicing Lender State

KS

Servicing Lender Zip

67208-3675

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCPHERSON

Project County Name

MCPHERSON

Project State

KS

Project Zip

67460-6006

CD

KS-01

Jobs Reported

19

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

451547.50

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

112541

Originating Lender

Bankers' Bank of Kansas

Originating Lender City

WICHITA

Originating Lender State

KS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

455410.74

Forgiveness Date

02/19/2021

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