PPP Loan information for Yarnell electric inc

$54,645

Yarnell electric inc was initially approved for PPP Loan of amount $54,645, the current approved amount is $54,645. The loan was approved on 03/27/2021 by The Mutual Savings Bank reported 6 jobs and $54,645 was used to fund payroll.

Yarnell electric inc is Existing or more than 2 years old

YARNELL ELECTRIC INC

Date Approved

03/27/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

YARNELL ELECTRIC INC

Borrower Address

131 Commerce Dr

Borrower City

Franklin

Borrower State

IN

Borrower Zip

46131-7309

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54645.00

Current Approval Amount

54645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77834

Servicing Lender Name

Mutual Savings Bank

Servicing Lender Address

80 E Jefferson St

Servicing Lender City

FRANKLIN

Servicing Lender State

IN

Servicing Lender Zip

46131-2321

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-7309

CD

IN-06

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54643.00

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

Subchapter S Corporation

Originating Lender Location Id

77834

Originating Lender

Mutual Savings Bank

Originating Lender City

FRANKLIN

Originating Lender State

IN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54974.37

Forgiveness Date

11/09/2021

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