PPP Loan information for Wye electric inc

$158,228

Wye electric inc was initially approved for PPP Loan of amount $158,228, the current approved amount is $158,228. The loan was approved on 01/28/2021 by The Progressive Bank reported 21 jobs and $158,228 was used to fund payroll.

Wye electric inc is Existing or more than 2 years old

WYE ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

WYE ELECTRIC INC

Borrower Address

201 New Natchitoches Rd

Borrower City

West Monroe

Borrower State

LA

Borrower Zip

71292-6122

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158227.50

Current Approval Amount

158227.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29371

Servicing Lender Name

Progressive Bank

Servicing Lender Address

1411 N 19th St

Servicing Lender City

MONROE

Servicing Lender State

LA

Servicing Lender Zip

71201-4939

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Monroe

Project County Name

OUACHITA

Project State

LA

Project Zip

71292-6122

CD

LA-05

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158224.50

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

29371

Originating Lender

Progressive Bank

Originating Lender City

MONROE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159524.09

Forgiveness Date

11/26/2021

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