PPP Loan information for Jay's electric inc

$232,965

Jay's electric inc was initially approved for PPP Loan of amount $232,965, the current approved amount is $232,965. The loan was approved on 04/27/2020 by The Community Financial Services Bank reported 17 jobs and $232,965 was used to fund payroll.

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

JAY'S ELECTRIC INC

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

JAY'S ELECTRIC INC

Borrower Address

156 ROSS LN

Borrower City

BENTON

Borrower State

KY

Borrower Zip

42025-7965

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

232965.28

Current Approval Amount

232965.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26808

Servicing Lender Name

Community Financial Services Bank

Servicing Lender Address

221 W 5th St

Servicing Lender City

BENTON

Servicing Lender State

KY

Servicing Lender Zip

42025-1135

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

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

232965.28

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

26808

Originating Lender

Community Financial Services Bank

Originating Lender City

BENTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

224101.49

Forgiveness Date

11/03/2020

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