PPP Loan information for Leasor electric inc

$194,903

Leasor electric inc was initially approved for PPP Loan of amount $194,903, the current approved amount is $194,903. The loan was approved on 01/26/2021 by The Magnolia Bank Incorporated reported 11 jobs and $194,903 was used to fund payroll.

Leasor electric inc is Existing or more than 2 years old

PPP Loan Search / KY / Rineyville / Leasor electric inc

LEASOR ELECTRIC INC

Date Approved

01/26/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

LEASOR ELECTRIC INC

Borrower Address

6300 Rineyville Rd

Borrower City

Rineyville

Borrower State

KY

Borrower Zip

40162-9519

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194903.00

Current Approval Amount

194903.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27585

Servicing Lender Name

Magnolia Bank Incorporated

Servicing Lender Address

651 W Dixie Ave

Servicing Lender City

Elizabethtown

Servicing Lender State

KY

Servicing Lender Zip

42701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rineyville

Project County Name

HARDIN

Project State

KY

Project Zip

40162-9519

CD

KY-02

Jobs Reported

11

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194901.00

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

27585

Originating Lender

Magnolia Bank Incorporated

Originating Lender City

Elizabethtown

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197084.83

Forgiveness Date

03/15/2022

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