PPP Loan information for Young electric inc

$237,815

Young electric inc was initially approved for PPP Loan of amount $237,815, the current approved amount is $237,815. The loan was approved on 01/26/2021 by The INTRUST Bank, National Association reported 17 jobs and $237,815 was used to fund payroll.

Young electric inc is Existing or more than 2 years old

PPP Loan Search / KS / Wichita / Young electric inc

YOUNG ELECTRIC INC

Date Approved

01/26/2021

SBA Office Code

0767

Processing Method

PPS

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

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

237815.00

Current Approval Amount

237815.00

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

1.00

Payroll Proceed

237813.00

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

240199.76

Forgiveness Date

01/25/2022

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