PPP Loan information for State electric company inc.

$458,528

State electric company inc. was initially approved for PPP Loan of amount $458,528, the current approved amount is $458,528. The loan was approved on 04/30/2021 by The The City National Bank of Metropolis reported 22 jobs and $458,528 was used to fund payroll.

State electric company inc. is Existing or more than 2 years old

PPP Loan Search / KY / Crofton / State electric company inc.

STATE ELECTRIC COMPANY INC.

Date Approved

04/30/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

STATE ELECTRIC COMPANY INC.

Borrower Address

140 College St

Borrower City

Crofton

Borrower State

KY

Borrower Zip

42217-8183

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

458527.50

Current Approval Amount

458527.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21960

Servicing Lender Name

The City National Bank of Metropolis

Servicing Lender Address

423 Ferry St

Servicing Lender City

METROPOLIS

Servicing Lender State

IL

Servicing Lender Zip

62960-1852

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Crofton

Project County Name

CHRISTIAN

Project State

KY

Project Zip

42217-8183

CD

KY-01

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

458524.50

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

21960

Originating Lender

The City National Bank of Metropolis

Originating Lender City

METROPOLIS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

462157.51

Forgiveness Date

02/10/2022

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