PPP Loan information for Proline electric inc.

$492,242

Proline electric inc. was initially approved for PPP Loan of amount $492,242, the current approved amount is $492,242. The loan was approved on 04/08/2020 by The Peoples Bank reported 50 jobs and $492,242 was used to fund payroll.

Proline electric inc. is Existing or more than 2 years old

PPP Loan Search / OH / LANCASTER / Proline electric inc.

PROLINE ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

PROLINE ELECTRIC INC.

Borrower Address

1755 Victor Rd

Borrower City

LANCASTER

Borrower State

OH

Borrower Zip

43130-0001

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492242.42

Current Approval Amount

492242.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LANCASTER

Project County Name

FAIRFIELD

Project State

OH

Project Zip

43130-0001

CD

OH-12

Jobs Reported

50

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

369181.81

Mortgage Interest Proceed

0.00

Rent Proceed

123060.61

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

497014.44

Forgiveness Date

04/14/2021

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