PPP Loan information for True's electric, inc.

$35,539

True's electric, inc. was initially approved for PPP Loan of amount $35,539, the current approved amount is $35,539. The loan was approved on 04/16/2020 by The Peoples Bank reported 13 jobs and $35,539 was used to fund payroll.

True's electric, inc. is Existing or more than 2 years old

TRUE'S ELECTRIC, INC.

Date Approved

04/16/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

TRUE'S ELECTRIC, INC.

Borrower Address

224 N WALLACE WILKINSON BLVD

Borrower City

LIBERTY

Borrower State

KY

Borrower Zip

42539-3014

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35539.42

Current Approval Amount

35539.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27035

Servicing Lender Name

Peoples Bank

Servicing Lender Address

265 Old Springfield Rd

Servicing Lender City

LEBANON

Servicing Lender State

KY

Servicing Lender Zip

40033-9176

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIBERTY

Project County Name

CASEY

Project State

KY

Project Zip

42539-3014

CD

KY-01

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8884.86

Payroll Proceed

26654.56

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

27035

Originating Lender

Peoples Bank

Originating Lender City

LEBANON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

35793.13

Forgiveness Date

01/07/2021

;