PPP Loan information for Ohio valley electric inc

$41,953

Ohio valley electric inc was initially approved for PPP Loan of amount $41,953, the current approved amount is $41,953. The loan was approved on 05/18/2021 by The Boonville Federal Savings Bank reported 15 jobs and $41,953 was used to fund payroll.

Ohio valley electric inc is Existing or more than 2 years old

OHIO VALLEY ELECTRIC INC

Date Approved

05/18/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

OHIO VALLEY ELECTRIC INC

Borrower Address

7765 Park Place Dr

Borrower City

Newburgh

Borrower State

IN

Borrower Zip

47630-9538

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41953.10

Current Approval Amount

41953.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86245

Servicing Lender Name

Boonville Federal Savings Bank

Servicing Lender Address

123 N Third St

Servicing Lender City

BOONVILLE

Servicing Lender State

IN

Servicing Lender Zip

47601-1508

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newburgh

Project County Name

WARRICK

Project State

IN

Project Zip

47630-9538

CD

IN-08

Jobs Reported

15

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41953.10

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

86245

Originating Lender

Boonville Federal Savings Bank

Originating Lender City

BOONVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42179.18

Forgiveness Date

01/13/2022

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