PPP Loan information for Paradise electric

$127,640

Paradise electric was initially approved for PPP Loan of amount $127,640, the current approved amount is $127,640. The loan was approved on 04/27/2020 by The First Federal Savings Bank reported 16 jobs and $127,640 was used to fund payroll.

Paradise electric is Existing or more than 2 years old

PARADISE ELECTRIC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PARADISE ELECTRIC

Borrower Address

6766 JENNER RD

Borrower City

NEWBURGH

Borrower State

IN

Borrower Zip

47630-8173

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127640.00

Current Approval Amount

127640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81266

Servicing Lender Name

First Federal Savings Bank

Servicing Lender Address

5001 Davis Lant Dr

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47715-8924

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

47630-8173

CD

IN-08

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127640.00

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

81266

Originating Lender

First Federal Savings Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

129203.15

Forgiveness Date

07/22/2021

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