PPP Loan information for Koch electric inc.

$216,500

Koch electric inc. was initially approved for PPP Loan of amount $216,500, the current approved amount is $216,500. The loan was approved on 04/07/2020 by The Montgomery Bank reported 19 jobs and $216,500 was used to fund payroll.

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

KOCH ELECTRIC INC.

Date Approved

04/07/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

KOCH ELECTRIC INC.

Borrower Address

26688 US HIGHWAY 61

Borrower City

SCOTT CITY

Borrower State

MO

Borrower Zip

63780-9625

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216500.00

Current Approval Amount

216500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCOTT CITY

Project County Name

SCOTT

Project State

MO

Project Zip

63780-9625

CD

MO-08

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

21650.00

Payroll Proceed

173200.00

Mortgage Interest Proceed

0.00

Rent Proceed

21650.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217732.85

Forgiveness Date

11/05/2020

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