PPP Loan information for State electric company inc.

$194,695

State electric company inc. was initially approved for PPP Loan of amount $194,695, the current approved amount is $194,695. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 27 jobs and $194,695 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

05/01/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

STATE ELECTRIC COMPANY INC.

Borrower Address

140 COLLEGE ST

Borrower City

CROFTON

Borrower State

KY

Borrower Zip

42217

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194695.00

Current Approval Amount

194695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

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

42217-0001

CD

KY-01

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

194695.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196095.72

Forgiveness Date

01/25/2021

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