PPP Loan information for Mel-kay electric co., inc.

$3,876,055

Mel-kay electric co., inc. was initially approved for PPP Loan of amount $4,015,432, the current approved amount is $3,876,055. The loan was approved on 04/07/2020 by The Banterra Bank reported 176 jobs and $3,876,055 was used to fund payroll.

Mel-kay electric co., inc. is Existing or more than 2 years old

PPP Loan Search / IN / EVANSVILLE / Mel-kay electric co., inc.

MEL-KAY ELECTRIC CO., INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MEL-KAY ELECTRIC CO., INC.

Borrower Address

1511 N. GARVIN ST

Borrower City

EVANSVILLE

Borrower State

IN

Borrower Zip

47711-4655

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4015432.00

Current Approval Amount

3876055.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21882

Servicing Lender Name

Banterra Bank

Servicing Lender Address

3201 Banterra Dr

Servicing Lender City

MARION

Servicing Lender State

IL

Servicing Lender Zip

62959-6381

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EVANSVILLE

Project County Name

VANDERBURGH

Project State

IN

Project Zip

47711-4655

CD

IN-08

Jobs Reported

176

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3876055.00

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

21882

Originating Lender

Banterra Bank

Originating Lender City

MARION

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3928302.10

Forgiveness Date

08/23/2021

;