PPP Loan information for Weekley electric ltd

$251,200

Weekley electric ltd was initially approved for PPP Loan of amount $251,200, the current approved amount is $251,200. The loan was approved on 04/07/2020 by The Heartland Bank reported 24 jobs and $251,200 was used to fund payroll.

Weekley electric ltd is Existing or more than 2 years old

WEEKLEY ELECTRIC LTD

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

WEEKLEY ELECTRIC LTD

Borrower Address

1960 Mount Vernon Rd

Borrower City

NEWARK

Borrower State

OH

Borrower Zip

43055-3412

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251200.00

Current Approval Amount

251200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57467

Servicing Lender Name

Heartland Bank

Servicing Lender Address

430 N Hamilton Rd

Servicing Lender City

WHITEHALL

Servicing Lender State

OH

Servicing Lender Zip

43213-3067

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

LICKING

Project State

OH

Project Zip

43055-3412

CD

OH-12

Jobs Reported

24

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

10048.00

Payroll Proceed

213520.00

Mortgage Interest Proceed

0.00

Rent Proceed

15072.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12560.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57467

Originating Lender

Heartland Bank

Originating Lender City

WHITEHALL

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252617.73

Forgiveness Date

11/03/2020

;