PPP Loan information for Young electric, inc.

$259,800

Young electric, inc. was initially approved for PPP Loan of amount $259,800, the current approved amount is $259,800. The loan was approved on 04/10/2020 by The INTRUST Bank, National Association reported 17 jobs and $259,800 was used to fund payroll.

Young electric, inc. is Existing or more than 2 years old

YOUNG ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0767

Processing Method

PPP

Borrower Name

YOUNG ELECTRIC, INC.

Borrower Address

3046 E 31ST ST S

Borrower City

WICHITA

Borrower State

KS

Borrower Zip

67216-2702

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259800.00

Current Approval Amount

259800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26663

Servicing Lender Name

INTRUST Bank, National Association

Servicing Lender Address

105 N Main St

Servicing Lender City

WICHITA

Servicing Lender State

KS

Servicing Lender Zip

67202-1412

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WICHITA

Project County Name

SEDGWICK

Project State

KS

Project Zip

67216-2702

CD

KS-04

Jobs Reported

17

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

259800.00

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

26663

Originating Lender

INTRUST Bank, National Association

Originating Lender City

WICHITA

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

261344.37

Forgiveness Date

11/23/2020

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