PPP Loan information for May electric company, inc.

$228,206

May electric company, inc. was initially approved for PPP Loan of amount $228,206, the current approved amount is $228,206. The loan was approved on 04/14/2020 by The Independence Bank of Kentucky reported 16 jobs and $228,206 was used to fund payroll.

May electric company, inc. is Existing or more than 2 years old

PPP Loan Search / KY / OWENSBORO / May electric company, inc.

MAY ELECTRIC COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MAY ELECTRIC COMPANY, INC.

Borrower Address

1750 W 2ND ST

Borrower City

OWENSBORO

Borrower State

KY

Borrower Zip

42301-0501

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228206.00

Current Approval Amount

228206.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27217

Servicing Lender Name

Independence Bank of Kentucky

Servicing Lender Address

2425 Frederica St

Servicing Lender City

OWENSBORO

Servicing Lender State

KY

Servicing Lender Zip

42301-5437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWENSBORO

Project County Name

DAVIESS

Project State

KY

Project Zip

42301-0501

CD

KY-02

Jobs Reported

16

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228206.00

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

Subchapter S Corporation

Originating Lender Location Id

27217

Originating Lender

Independence Bank of Kentucky

Originating Lender City

OWENSBORO

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

212268.15

Forgiveness Date

11/10/2020

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