PPP Loan information for Maggard electric, inc

$121,545

Maggard electric, inc was initially approved for PPP Loan of amount $121,545, the current approved amount is $121,545. The loan was approved on 04/07/2020 by The 1st Trust Bank, Inc. reported 15 jobs and $121,545 was used to fund payroll.

Maggard electric, inc is Existing or more than 2 years old

PPP Loan Search / KY / HAZARD / Maggard electric, inc

MAGGARD ELECTRIC, INC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MAGGARD ELECTRIC, INC

Borrower Address

237 Kennedy Road

Borrower City

HAZARD

Borrower State

KY

Borrower Zip

41701-8363

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121545.00

Current Approval Amount

121545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426685

Servicing Lender Name

1st Trust Bank, Inc.

Servicing Lender Address

44 Commerce Dr

Servicing Lender City

HAZARD

Servicing Lender State

KY

Servicing Lender Zip

41701-8093

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAZARD

Project County Name

PERRY

Project State

KY

Project Zip

41701-8363

CD

KY-05

Jobs Reported

15

NAICS Code

423610

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

30387.00

Payroll Proceed

91158.00

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

426685

Originating Lender

1st Trust Bank, Inc.

Originating Lender City

HAZARD

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122500.71

Forgiveness Date

01/27/2021

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