PPP Loan information for Koester electric inc

$256,585

Koester electric inc was initially approved for PPP Loan of amount $256,585, the current approved amount is $256,585. The loan was approved on 04/28/2020 by The The Peoples Bank Co reported 15 jobs and $256,585 was used to fund payroll.

Koester electric inc is Existing or more than 2 years old

PPP Loan Search / OH / Coldwater / Koester electric inc

KOESTER ELECTRIC INC

Date Approved

04/28/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

KOESTER ELECTRIC INC

Borrower Address

1000 N Second Street

Borrower City

Coldwater

Borrower State

OH

Borrower Zip

45828

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

256585.00

Current Approval Amount

256585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56343

Servicing Lender Name

The Peoples Bank Co

Servicing Lender Address

112-114 W Main St

Servicing Lender City

COLDWATER

Servicing Lender State

OH

Servicing Lender Zip

45828-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coldwater

Project County Name

MERCER

Project State

OH

Project Zip

45828-0001

CD

OH-05

Jobs Reported

15

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1114.00

Payroll Proceed

246013.00

Mortgage Interest Proceed

0.00

Rent Proceed

9458.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

56343

Originating Lender

The Peoples Bank Co

Originating Lender City

COLDWATER

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

258686.89

Forgiveness Date

02/25/2021

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