PPP Loan information for Key electric, llc

$18,315

Key electric, llc was initially approved for PPP Loan of amount $18,315, the current approved amount is $18,315. The loan was approved on 04/15/2020 by The Chelsea Groton Bank reported 3 jobs and $18,315 was used to fund payroll.

Key electric, llc is Existing or more than 2 years old

KEY ELECTRIC, LLC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

KEY ELECTRIC, LLC

Borrower Address

29 WYCHWOOD RD

Borrower City

OLD LYME

Borrower State

CT

Borrower Zip

06371-1842

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18315.00

Current Approval Amount

18315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16318

Servicing Lender Name

Chelsea Groton Bank

Servicing Lender Address

1 Franklin Sq

Servicing Lender City

NORWICH

Servicing Lender State

CT

Servicing Lender Zip

06360-5825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLD LYME

Project County Name

NEW LONDON

Project State

CT

Project Zip

06371-1842

CD

CT-02

Jobs Reported

3

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1831.50

Payroll Proceed

14652.00

Mortgage Interest Proceed

0.00

Rent Proceed

1831.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16318

Originating Lender

Chelsea Groton Bank

Originating Lender City

NORWICH

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18548.33

Forgiveness Date

08/02/2021

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