PPP Loan information for Municipal electric company

$73,867

Municipal electric company was initially approved for PPP Loan of amount $73,867, the current approved amount is $73,867. The loan was approved on 04/27/2020 by The Carrollton Bank reported 6 jobs and $73,867 was used to fund payroll.

Municipal electric company is Existing or more than 2 years old

MUNICIPAL ELECTRIC COMPANY

Date Approved

04/27/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MUNICIPAL ELECTRIC COMPANY

Borrower Address

2735 Mecantile Dr

Borrower City

St. Louis

Borrower State

MO

Borrower Zip

63144

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73867.00

Current Approval Amount

73867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Louis

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63144-0101

CD

MO-02

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55400.25

Mortgage Interest Proceed

0.00

Rent Proceed

18466.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74287.63

Forgiveness Date

11/20/2020

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