PPP Loan information for Mott electric llc

$238,000

Mott electric llc was initially approved for PPP Loan of amount $238,000, the current approved amount is $238,000. The loan was approved on 04/07/2020 by The FNB Bank, Inc. reported 28 jobs and $238,000 was used to fund payroll.

Mott electric llc is Existing or more than 2 years old

MOTT ELECTRIC LLC

Date Approved

04/07/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MOTT ELECTRIC LLC

Borrower Address

632 S 3rd Street

Borrower City

PADUCAH

Borrower State

KY

Borrower Zip

42002-1600

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238000.00

Current Approval Amount

238000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27599

Servicing Lender Name

FNB Bank, Inc.

Servicing Lender Address

101 E Broadway St

Servicing Lender City

MAYFIELD

Servicing Lender State

KY

Servicing Lender Zip

42066-2317

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PADUCAH

Project County Name

MCCRACKEN

Project State

KY

Project Zip

42002-1600

CD

KY-01

Jobs Reported

28

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29750.00

Payroll Proceed

178500.00

Mortgage Interest Proceed

0.00

Rent Proceed

29750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

27599

Originating Lender

FNB Bank, Inc.

Originating Lender City

MAYFIELD

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

240036.22

Forgiveness Date

02/17/2021

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