PPP Loan information for Jay's electric inc

$256,897

Jay's electric inc was initially approved for PPP Loan of amount $256,897, the current approved amount is $256,897. The loan was approved on 01/16/2021 by The SouthernTrust Bank reported 24 jobs and $256,897 was used to fund payroll.

Jay's electric inc is Existing or more than 2 years old

JAY'S ELECTRIC INC

Date Approved

01/16/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

JAY'S ELECTRIC INC

Borrower Address

156 Ross Ln

Borrower City

Benton

Borrower State

KY

Borrower Zip

42025-7965

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256897.00

Current Approval Amount

256897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434565

Servicing Lender Name

SouthernTrust Bank

Servicing Lender Address

101 N Broadway

Servicing Lender City

GOREVILLE

Servicing Lender State

IL

Servicing Lender Zip

62939-2353

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Benton

Project County Name

MARSHALL

Project State

KY

Project Zip

42025-7965

CD

KY-01

Jobs Reported

24

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

256897.00

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

Corporation

Originating Lender Location Id

434565

Originating Lender

SouthernTrust Bank

Originating Lender City

GOREVILLE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258621.38

Forgiveness Date

09/27/2021

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