PPP Loan information for Young electric inc

$50,995

Young electric inc was initially approved for PPP Loan of amount $50,995, the current approved amount is $50,995. The loan was approved on 01/28/2021 by The First Federal Savings Bank reported 6 jobs and $50,995 was used to fund payroll.

Young electric inc is Existing or more than 2 years old

PPP Loan Search / IN / Huntington / Young electric inc

YOUNG ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

YOUNG ELECTRIC INC

Borrower Address

221 S Jefferson St

Borrower City

Huntington

Borrower State

IN

Borrower Zip

46750-3325

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50995.00

Current Approval Amount

50995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82838

Servicing Lender Name

First Federal Savings Bank

Servicing Lender Address

648 N Jefferson St

Servicing Lender City

HUNTINGTON

Servicing Lender State

IN

Servicing Lender Zip

46750-2101

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Huntington

Project County Name

HUNTINGTON

Project State

IN

Project Zip

46750-3325

CD

IN-03

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50993.00

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

82838

Originating Lender

First Federal Savings Bank

Originating Lender City

HUNTINGTON

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51323.32

Forgiveness Date

09/29/2021

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