PPP Loan information for Industrial electric inc.

$295,648

Industrial electric inc. was initially approved for PPP Loan of amount $295,648, the current approved amount is $295,648. The loan was approved on 01/21/2021 by The The Farmers State Bank reported 20 jobs and $295,648 was used to fund payroll.

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

PPP Loan Search / KS / McPherson / Industrial electric inc.

INDUSTRIAL ELECTRIC INC.

Date Approved

01/21/2021

SBA Office Code

0767

Processing Method

PPS

Borrower Name

INDUSTRIAL ELECTRIC INC.

Borrower Address

1325 N 81 Bypass

Borrower City

McPherson

Borrower State

KS

Borrower Zip

67460

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

295647.50

Current Approval Amount

295647.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25884

Servicing Lender Name

The Farmers State Bank

Servicing Lender Address

2074 E Kansas Ave

Servicing Lender City

MCPHERSON

Servicing Lender State

KS

Servicing Lender Zip

67460-4006

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

CD

KS-01

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

295644.50

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

25884

Originating Lender

The Farmers State Bank

Originating Lender City

MCPHERSON

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298152.29

Forgiveness Date

11/24/2021

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