PPP Loan information for Rick's electric company, inc

$339,300

Rick's electric company, inc was initially approved for PPP Loan of amount $339,300, the current approved amount is $339,300. The loan was approved on 04/10/2020 by The The Paducah Bank and Trust Company reported 20 jobs and $339,300 was used to fund payroll.

Rick's electric company, inc is Existing or more than 2 years old

RICK'S ELECTRIC COMPANY, INC

Date Approved

04/10/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

RICK'S ELECTRIC COMPANY, INC

Borrower Address

15 ELECTRIC DR

Borrower City

MAYFIELD

Borrower State

KY

Borrower Zip

42066-1177

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

339300.00

Current Approval Amount

339300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27680

Servicing Lender Name

The Paducah Bank and Trust Company

Servicing Lender Address

555 Jefferson St

Servicing Lender City

PADUCAH

Servicing Lender State

KY

Servicing Lender Zip

42001-1088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAYFIELD

Project County Name

GRAVES

Project State

KY

Project Zip

42066-1177

CD

KY-01

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13572.00

Payroll Proceed

315549.00

Mortgage Interest Proceed

0.00

Rent Proceed

10179.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

27680

Originating Lender

The Paducah Bank and Trust Company

Originating Lender City

PADUCAH

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343269.35

Forgiveness Date

06/22/2021

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