PPP Loan information for The commercial electric company

$264,800

The commercial electric company was initially approved for PPP Loan of amount $264,800, the current approved amount is $264,800. The loan was approved on 04/10/2020 by The First Financial Bank reported 32 jobs and $264,800 was used to fund payroll.

The commercial electric company is Existing or more than 2 years old

THE COMMERCIAL ELECTRIC COMPANY

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE COMMERCIAL ELECTRIC COMPANY

Borrower Address

600 VOTAW ST Po Box 1266

Borrower City

PORTLAND

Borrower State

IN

Borrower Zip

47371-1610

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264800.00

Current Approval Amount

264800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57811

Servicing Lender Name

First Financial Bank

Servicing Lender Address

255 E Fifth St Ste 700

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-4700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

JAY

Project State

IN

Project Zip

47371-1610

CD

IN-03

Jobs Reported

32

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264800.00

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

57811

Originating Lender

First Financial Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256196.16

Forgiveness Date

11/12/2020

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