PPP Loan information for Parsons electric, inc

$524,700

Parsons electric, inc was initially approved for PPP Loan of amount $524,700, the current approved amount is $524,700. The loan was approved on 04/04/2020 by The Traditional Bank, Inc. reported 55 jobs and $524,700 was used to fund payroll.

Parsons electric, inc is Existing or more than 2 years old

PPP Loan Search / KY / LEXINGTON / Parsons electric, inc

PARSONS ELECTRIC, INC

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

PARSONS ELECTRIC, INC

Borrower Address

116 TRADE ST

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40511-2610

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524700.00

Current Approval Amount

524700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40511-2610

CD

KY-06

Jobs Reported

55

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524700.00

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

Subchapter S Corporation

Originating Lender Location Id

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

530148.25

Forgiveness Date

04/28/2021

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