PPP Loan information for Strong electric inc

$79,058

Strong electric inc was initially approved for PPP Loan of amount $79,058, the current approved amount is $79,058. The loan was approved on 04/10/2020 by The Farmers State Bank reported 9 jobs and $79,058 was used to fund payroll.

Strong electric inc is Existing or more than 2 years old

PPP Loan Search / OH / ASHLAND / Strong electric inc

STRONG ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

STRONG ELECTRIC INC

Borrower Address

438 E Main St

Borrower City

ASHLAND

Borrower State

OH

Borrower Zip

44805-2550

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79057.67

Current Approval Amount

79057.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58589

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

11 S Main St

Servicing Lender City

WEST SALEM

Servicing Lender State

OH

Servicing Lender Zip

44287-9702

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHLAND

Project County Name

ASHLAND

Project State

OH

Project Zip

44805-2550

CD

OH-04

Jobs Reported

9

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1877.74

Payroll Proceed

68047.66

Mortgage Interest Proceed

0.00

Rent Proceed

2900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6232.27

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58589

Originating Lender

Farmers State Bank

Originating Lender City

WEST SALEM

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79449.71

Forgiveness Date

10/09/2020

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