PPP Loan information for Bates electric inc

$1,624,734

Bates electric inc was initially approved for PPP Loan of amount $1,624,734, the current approved amount is $1,624,734. The loan was approved on 04/08/2020 by The Carrollton Bank reported 136 jobs and $1,624,734 was used to fund payroll.

Bates electric inc is Existing or more than 2 years old

PPP Loan Search / MO / ARNOLD / Bates electric inc

BATES ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

BATES ELECTRIC INC

Borrower Address

2006 SIERRA PARKWAY

Borrower City

ARNOLD

Borrower State

MO

Borrower Zip

63010-5108

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1624733.67

Current Approval Amount

1624733.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20425

Servicing Lender Name

Carrollton Bank

Servicing Lender Address

315 Sixth St

Servicing Lender City

CARROLLTON

Servicing Lender State

IL

Servicing Lender Zip

62016-1247

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARNOLD

Project County Name

JEFFERSON

Project State

MO

Project Zip

63010-5108

CD

MO-08

Jobs Reported

136

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1218550.26

Mortgage Interest Proceed

0.00

Rent Proceed

406183.41

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20425

Originating Lender

Carrollton Bank

Originating Lender City

CARROLLTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1638995.22

Forgiveness Date

02/25/2021

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